This is all good, but a proper update on their processing at Geelong - as througput per day, month or year - would be better.
IMO the allocation of the position for Nth America is a good move and shows the market that MHM is there for the long term, especially with Mr. Pugh level of knowledge and experience in the smelting and recycling sector.
Although MHM is taking their time in the selection and negotiation process for their site(s) in Tennesse, you would have to consider that any company world wide has to go through a process of due diligence; and i applaud MHM for taking due consideration in selecting and negotiating for their sites accordingly.
Remember DYOR
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