Not trying to dampen your enthusiasm for the projects with my comments.
Remember it was to start off delivering lower grade of I believe around 58%Fe.Higher grade was to follow. Now it is 33%Fe which is up-gradeable to 61%Fe.
Depending on the recoverable percentage of the mined iron ore. One hundred million tonnes of 33%Fe iron ore,at 40% recovery is going to be 40 million tonnes at 61%Fe.Recovery could be less. Take 20 million tonnes and you have 8 million tonnes of final product at 61%Fe.
Regards Westcott.
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