FMG 3.61% $20.10 fortescue ltd

POWER!!!! Fortescue Future Industries, page-1864

  1. RFB
    39 Posts.
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    back of the envelope based on HiSmelt style smelter ( commercialised as Hisanna I think) based on 2 Ml per ha ( mid range for hardwood irrigation) 40 tonne per Ha yield ( conservative I think) , 30% yield of char (low range of flash pyrolysis) and 600 kg char per tonne of steel …..About 1 million tonne of steel a year. With optimisation and efficiency I’m guessing it could stretch up 2 million tonne.
 
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