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Re: StockLogistics post# 6605

Monday, 11/22/2021 12:46:14 PM

Monday, November 22, 2021 12:46:14 PM

Post# of 7902
Correct me if I am wrong..

Houston PEA states production of 2 million tons a year. Iron ore is $90/ton.

I believe the world still needs and wants iron. Infustructure, and New Iron air battery technology.

From PEA:

Mining Operations - Year-round ~5,500 tonnes / day - Mining
Dry Crush and Screen
Rail Operations – May to November ~10,000 tonnes /day - Rail ~2,000,000 tonnes / year production New rail siding
Houston 1 & 2, rail and road permitted New access road cleared