Wrong Side of the Ditch?I suspect IRD may have been thinking of...

Wrong Side of the Ditch?

I suspect IRD may have been thinking of us perusing their last 1/4 report and obliged with their just released today Chairman's Address in their Annual report - well worth a read. Hope our new chair can match it.

N.B. the inclusion ...

"In September of this year, high-grade iron ore producer Champion Iron, in a presentation entitled ‘A Rare Solution to Decarbonise Steelmaking’ shows the Central Eyre Iron Project listed as #7 of 12 global projects / hubs whose reserves and resources are capable of producing high-grade iron ore. Key evaluation criteria, according to Champion Iron, also includes current or potential access to renewable power and proximity to available or credible future port infrastructure.

The iron ore sector is acknowledged as a high barriers-to-entry industry for greenfield developers. The corollary however, as depicted by this illustration, is the scarcity of credible and advanced projects in the global pipeline."

HIO did not make the cut as a significant probable

Which to me is very sobering and indicates those who have been advocating a co-op approach by magnetite hopefuls in the SA/westNSW are on the right tram.

and how timely and appropriate @That Fundamental Guy 's thoughts in this thread of heading our stuff to the west side of the ditch.