"...it is well established that hematite grades are declining globally and impurity levels are rising while the demand for quality, premium steel from China and India is continuing to increase. With hematite grades declining, high-grade magnetite concentrate is becoming an increasingly sought-after product."
The benefits of which for both GBG and Ansteel will become evident over time.
GBG Price at posting:
76.4¢ Sentiment: LT Buy Disclosure: Held