Mr Gupta's Fe needs can be met by HAV, page-53

"He is going to need a significant Iron Ore resource to feed this [Whyalla] plant"

SIMEC ZEN Energy sees 'great opportunities' in steel [at Whyalla].

Mr Gupta outlined in mid-August fresh details of his renewable energy investment plans for the Whyalla region, with the 280-megawatt Cultana Solar Project the centrepiece of a US$1 billion ($1.4 billion) investment program by his majority-owned renewables company SIMEC ZEN Energy:



But SIMEC still needs to lock in a supply of high-grade (and low impurity) magnetite for the long-term at the Whyalla steelworks, if Mr Gupta is to justify the investment of billions of dollars.

SIMEC's funded reconnaissance drilling at the Grants Iron Ore Basin will be the key IMLTHO:




Cheers

These are only my random 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. No tumbleweeds were harmed in the writing of this post.

HAV fanboy: still drinking the Kool-Aid