Green Iron Ore has an important future in WA, page-36

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BraveNewWorld

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27/08/24

08:36

Post #: 75386463
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Originally posted by Nolan78: ↑

China will subsidize green steel to under cut us like they are doing with
lithium which is why lithium is in free fall along with nickle.

China subsidizers the nickle mine in IND and lithium mines around the globe.
They want to dominate and corner the world EV market.

People are kidding themselves if they think this is a money spinner.
China will make sure they own it not us.We can't complete with their very low wages
and heavy state run money to get prices down.

Suggest people go watch 4 Corners program this week on iview.
Explains it al very well.

BHP had to drop nickle mining and thousands out of work.
China doing it to many countries.

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excellent post Nolan1978

this is the latest update on green iron from Tucano Gold. They are the only gold mine in the world that has an iron ore operation inside their gold operation which can make 67% magnetite iron ore for $5/t.

click on the video link in this update to Tucano shareholders showing now rich their gold tailings are in iron ore.

http://eepurl.com/iXtx-g

i am sure there is the same opportunity for FMG? It’s time our Ozzie producers lead by example and follow truly green iron ore that Tucano has.

FMG Price at posting: $18.31 Sentiment: Buy Disclosure: Not Held
2 Upvote

0 Great analysis

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Green Iron Ore has an important future in WA, page-36

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Green Iron Ore has an important future in WA, page-36

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