My understanding (and I can't remember the source) is that they are going to charge the iron pellets into an arc furnace. I seem to remember Bluesteel being mentioned. Do they have one somewhere nearby (Newcastle area)?? or was it Wollongong??
Also from memory I don't think they were going to sell this run of syn rutile, but give/market it to interested parties like pigment producers and the usual suspects Cristal, Iluka, Tata, BHP etc.
I'm really not expecting an announcement until mid-Sept or later. IE when they've had time to fully test/evaluate both the iron pellets and the syn rutile, but they could do a prelim/partial may be?
Looks like you're on a diet...
:)
APG Price at posting:
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