"Iron ore makes modern life possible. We provide high-quality iron ore to customers around the globe – aiding tech innovators and steel producers in meeting advanced sustainability goals." https://twitter.com/AngloAmerican/status/1623712299881230337
Supply is constraint from all the majors and you have rising demand from China reopening and massive India infrastructure push for 1.4 billion people. Plus USA $1.2 Trillion Infrastructure Law etc etc.
=Exceptional returns for real shareholders. Nothing like this on AIM.
Iron Ore on DCE Asian Trade = 863Yuan / US$127.21/t! People are on the wrong side of the metals market.
A lot of people have been chasing rainbows & bubbles and forgot about the Project Economics of Hanc0ck. +Australia's highest-grade silver mine next door to one of Australia's largest Platinum, Palladium & Rhodium deposits (open at depth & along strike with only 20% tested!).
Tata is mainly based in India which mainly has low-grade Iron Ore with higher impurities. Lower-grade ores require increased consumption of coke, which raise emissions of controlled gases and particulates.
Bill Technical Director replaced by ex-FMG & Anglo Mine Developer. UFO transitioning from explorer to producer which presents a huge value transition for shareholders. It’s not rocket science. It’s D$O.
@HH & Wents are the ones posting lies again & again. Check the records. On 8th December kieffy posted a generic link for the WA website to search for "Iron Ore".
"Sakatti is our rich multi-metal deposit in Finland. It holds important metals such as copper and nickel - as well as platinum, palladium and more – which play a vital role in the production of zero-emission energy." https://twitter.com/AngloAmerican/status/1622912021233819649
They are after Critical Metals in Tier1 jurisdictions to diversify political risk of being focused in S. Africa. They will come after Munni Munni soon. I have no doubt. In Rod's interview regarding EH & MM he said, "I have every confidence we will be able to put in similar relationships to what we’ve just done with Han****"