ETM 4.00% 2.4¢ energy transition minerals ltd

GGG or any other "magnetically separating" is just a cover cry...

  1. nro
    9,922 Posts.
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    GGG or any other "magnetically separating" is just a cover cry to me to sound like something is being done. Where really not much is done.
    Basically its just crushing the ore and using a magnet belt to help allocate the finished product in 3 separate store bins.
    All the waste is still there. All needs further extraction, processing and of course a huge amount of cost,
    Shipping all your waste to your buyer really isnt the smartest move economically. Thats why all miners try their hardest avoid it. Theyhave to sell far cheaper to compensate for the work, environmental concerns, shipping and cost doing the dirty work to properly separate it.
    I cant see GGG opening up such processing in Greenland. But they certainly have the higher chance for locating its processing anywhere worldwide by teaming up with Shenghe.
 
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