You realise the 1.9 billion $ Capex is for the expansion 3-5 years after production has already begun.
the initial Capex is approx $500m to start mining.
Once the $1.9b expansion is complete it will be paid back in 2 years because of how much money the company will be making...
Global pivot towards cleaner, greener steel thrusts magnetite iron ore into spotlight, page-34
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