Tuesday, December 05, 2017 8:08:29 AM
high sulphur is not an impurity that requires extra processes?
There are many mines opening or opened in Mexico, but iron ore is not one of them. In fact, Mexico has to import iron ore. What does that say about the quality?
Arcelor is willing to bet multi billions on a high grade mine in the Arctic that can only ship a couple months a year but won't look at one in Mexico to add to the one they have in Manzanillo.
With China shutting down 500 of their low grade mines and trying to improve pollution, they don't need or want low grade, high sulphur iron ore. Time to move on from Mexico
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