Depends on your timeframe I suppose Hingdog, CAP is probably 2-3 years away from producing, but when they do the profits from Hawsons will be very very good. Hawsons apparently has the worlds highest quality iron ore at fe 70% with very low impurities, and it’s cheap to extract. They’re currently negotiating funding/offtake agreements for the BFS and the mine.
MGX doing well lately, reopened Koolan Island and should profit well from the higher quality ore from that site. The higher quality ore is very much in demand, less emissions etc and also since the problems in Brazil. I think I remember reading somewhere that FMG is also ramping up their higher quality fe production. They seem to be doing well they’ve paid good dividends this year.
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