RE: Tata Steel Announces plan to Improve NetherlanSo, if Tata steel Europe requires 25 million tonnes of iron ore ( from their presentation ) do you believe increasing from 7.2 to 7.7 will make a dent in it ? What do they mean by no captive iron ore source ( keep an eye on black iron ).
All comes down to Taconite cash flow of 250 -300 million a year for 74 years ... damn that sounds like a pretty decent return on investment ! The biggest risk for nml is trying to keep the human race around for 74 more years at this rate lol.