RE:RE:RE:RE:RE:RE:Rio Tinto Plasma Torch Follow-UpElanS2 wrote: From memory the plant could easily be 1/4 mile X1/4 mile. That would include all ore processing facilities : ore crusher and grinding for concentrate production, gravity and magnetic separation for concentrate producton, and then the pellet plant more grinding, balling, and induration machines. That does not include ore storage shed, product load-out to unit trains or any of the actual mining operation or support buildings garages warehouses mine dry and administration.
From the RIO annual report for 2020 : 18 million tonnes of product of which as much as 10 could be pellets if everything was working. 2716 employees including the railroad and ore shipping (storage yards and ship loading ). Rumours have it that IOC made about 1 billion $ in net profit in 2020 and 2021 will be even better.
For better info go to the IOC web site. The Carol Lake project has been producing since the mid 60s and has proven and possible reserves for well beyond 2050.
ElanS2 and MTG
Thank you both so much to hep us understand more about IOC (Rio Tinto) . In my old job , I visited Vale in Victoria , Brazil and FMG (Fortescue Metal Group) in Pilbara (Western Australia) so I undestood very well Iron Ore Process . Your posts are bringing so much knowledge and giving us bigger , better and brighter picture about PYR . It did give us much more confident about Triple PPP President . How massive this market is in next few years ? With all patents in hand , Pyro will be the force unstoppable to reduce carbon foot print of this industry . Thanks again for all quality posts . I am enjoying to read each of them .
About SP . I lost almost 7 digits in last 2 weeks but compare my gain in last 12 months , not even 1/5 !!! I am still sleeping very well . We are here for long and strong PYR .
FACTS WILL WIN