Their grades are far lower HG 0.78 V205 and LG 0.42 V205.
They are processing MinVFe80.
They are targeting a different product market. They are not producing high grade V205 lile TMT's 99.5%.
I need to read it more but looks right compared to other companeys. KRR had low grades and it was well over $ 1-2billion CAPEX.
