FMG 2.25% $20.47 fortescue ltd

Iron ore price, page-53666

  1. 3,418 Posts.
    lightbulb Created with Sketch. 1046
    Thanks Tony, I really feel this is our best opportunity right now to significantly grow the company.

    tongue.pngHave a read of this article
    I, basically explains the process, or at least the idea behind it.

    https://www.miningweekly.com/article/decarbonised-iron-production-possible-using-sodium-company-says-2024-04-19



    Pig Iron is about USD $400, so if we were to sell 100 mt that would take our revenue to a healthy 40 Billion USD/year
    $100 billion project is cheap, if we earn an extra $20 billion per year....

    I wouldnt be investing in coal for the long term
 
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