HI geo, not sure if it really matters if its mag or DSO, these days, 50% of smelters globally use mag. Processed mag from GBG will be 70% FE and lower silca, P and Al than any Pilbara blend by far. It will cost them $12-15 to crush and sort, but they will get 10% plus premium for better product. Plus mag has an exothermic reaction in blast furnace so adds a little bit of its own heat, reducing energy costs.
Long term = consolidation = industry mindset= forget the product, how bigs the resource!
As an aside: relying on your nick and knowledge of worlds resources.
What happens when a strategy like kloppers of bigger is better, longer is better as a resource rating philosophy bangs up against one little bottle neck. The world isn't getting any bigger! Eventually they have to butt up against that little contraint! Do they about turn and start looking for meals behind and beneath them?
The oil and Gas will be first to transition. Are we past peak production in any other of the worlds really easy cheap mineral resources. Peak Lead, Peak Copper, Peak Vanadium, etc etc.
Meteorite mining anyone?
PS. Laugh, I nearly fell off the misses, pissing people off who give you money sure is "contrarian" in this day and age.
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