Its good to see the positive results. Now we se where this goes. Interestingly enough TNG are going for a hyrdo met process also. I wonder how different?
Im not to sure how the hematite product will be recieved on market as it isn't going to be "lump" due to the processing pathway, so i would be expecting a discount on the price as im thinking it would be used for pellet feed?
Looking at the numbers posed to produce it looks like this will be a 4-5mtpa feed into a benefication plant to get out >500,000 ton of concentrate. So a lot of emphasis will have to go into this part fo the plant to get it right other wise it could turn out like the MRL plant ATI now has to repair.
This is going to be a technically challenging project so they need to parnter with the right people.
SPM Price at posting:
28.0¢ Sentiment: Hold Disclosure: Held
