interesting announcment

Could be a stock to watch.IMO

Kobe Steel (the developer of the ITmk3® iron making technology) and Cleveland Cliffs have struck a
deal that will see the first full scale ITmk3® plant built in the USA. The ITmk3® technology is the
preferred technology of four possible processes being considered by Ferrowest Limited (Ferrowest)
for its Yalgoo Iron Project. (Please refer to the attached announcement from Kobe Steel Group).
Ferrowest welcomes this development as a positive step toward the commercialisation of the ITmk3®
technology.
As previously announced, Ferrowest confirms that it will dispatch its first representative iron ore
concentrate sample to Kobe Steel Group in Japan next week for testing in the ITmk3® technology.