You obviously missed the news on 31 March 2023, SIMEC Mining was given approval by South Australian government for expansion of its Middleback Ranges operations.
"The manufacture of green steel in Australia has moved a step closer with the approval of two new iron ore mining licenses in the Middleback ranges of South Australia.
The South Australian government gave operational approval for SIMEC Mining for the Cook’s North and Cook’s North West iron ore mining projects near the steel town of Whyalla.
The Cook’s North and Cook’s North West project will expand SIMEC’s hematite iron ore mining operations as the company continues its transition to magnetite iron ore."
https://www.premier.sa.gov.au/media-releases/news-items/green-light-for-simec-expansion
https://www.aumanufacturing.com.au/whyalla-moves-a-step-forward-to-green-steel-production
Cheers
These are only my thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
You obviously missed the news on 31 March 2023, SIMEC Mining was...
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