We’re giving a big part of nothing. Let’s be honest. Mid Metal is just a company name that produces absolutely nothing. No one has yet answered this question…if the Saudis have all this money why don’t they fully back the mine and we supply the goods? They are asking a non producer of IO to come up with $200+ million before they come up with the other half? Non of this sounds feasible whatsoever. Hope I’m proven wrong.
Collaboration in a green (steel) future the focus for Magnum and Saudi partners, page-73
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