PFS-Follow Up The news report from Han-Xing is quite powerful.
What Han-Xing is stating here, is that they have now completed their 2nd PFS, with this recent one establishing the economics of two new scenarios of 10 mtpa and 20 mtpa. (please see previous post)
Note that this PFS takes into consideration new technologies and advanced mining processing methods. And that these more advanced, efficient and reliable processes have been accepted and adopted by the Wardrop engineers, to be included in the FS.
And how about this powerful statement at the end of the press release......
"The project will alleviate China's domestic iron ore concentrate market demand, and provide a reference example for Chinese companies to invest in the North American market."