Hi gringokonyo …
Fo the record, the actual MIN announcement specified the money would go to hard-rock lithium expansion as well.. [MIN announcement].
However yes, the iron ore expansion - is definite MinRes policy
Quality of ore is clearly a factor MIN expects to profit from even as more marginal projects fall over ?
.…..And as well as the majority HongKong/Chinese ownership on this side of the JV to possibly support sales, there is the fact the majir hokder, Sze Hoi Kwai ([Brockman Chairman]), owns a 3 million tonne shipping line?
Fingers crossed and
cheers : )
Ann: Quarterly Activities Report and Appendix 5B, page-10
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