This was posted before, FEX will not be doing green iron. There is too much risk. Even just considering a magnetite mine is already almost a project beyond FEX's capability, that in itself would be a huge investment with significant risk. Then considering making green iron would just be another large risk.
Keep it simple. FEX mines hermtite, FEX transports IO, FEX stores IO at the port. Markets IO. That is enough surely for the short to medium term. Long term maybe magnetite mining if FEX grows and has the resources to sustain an investment.
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Open | High | Low | Value | Volume |
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4 | 93008 | 0.260 |
4 | 354853 | 0.255 |
21 | 518176 | 0.250 |
7 | 347301 | 0.245 |
Price($) | Vol. | No. |
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0.275 | 204013 | 1 |
0.280 | 1015246 | 5 |
0.285 | 630562 | 6 |
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