Countries like China look long term...IO juniors purchased at the bottom of the cycle will reap significant benefits in the longer term....
It is far cheaper to own your own mine and produce your own product than to pay someone else...
FMS has MOU with 10 Chinese Steelmills.
I contacted the company and got a go away we are preparing the BFS type of response...did not answer any of my questions which I thought was poor form....
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