As Bryan has conveyed to us many times we are in that special niche market of iron ore, the high grade iron ore market that supplies the DRI/EAF steel furnaces and there is going to be a shortage of supplies of high grade ore.
Apart from the potential gain in terms of Fe70% price premium, what's more important is THE DEMAND for our product given there will be shortage of supplies. It is the demand strength from customers (apart from the premium price) that make Hawsons Iron Project a great project.
Looking forward to off-take agreements to hit the news any time.
Price and Chart HIO, page-4378
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