It is not the decarbonisation thermatic (wow is that new word) it is they totally screwed up their expansion plans and have spent way more than Wmc on trying to develop a new mine. Not to mention acquisition costs.
Simple.
They have lost a billion or in costs and more in mkt cap.
WMC have not spent a billion. I think it would be closer to $300 mill. Over their total investment.
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It is not the decarbonisation thermatic (wow is that new word)...
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