Mt. Nimba ironIt would seem BHP does not know what Friedland does. HPX will fast track mine development in a very remote, inaccesible locale (south-east Guinea, brodering Cote d'Ivoire) devoid of any meaningful infrastructure. Initial development has been sparked by a 50 million USD loan from Friedland's Chinese partners in Ivanhoe mines (IVN) in the DRC (copper and zinc) and SA (platinum group metals and gold). What do his Chinese partners know? Seperately, will there emerge a new, huge global demand for high quality anthracite? Particularly from the largest, fully surveyed and financed (100 million) deposit in the world just a short trip across the north Pacific to Asia? POSCO is waiting.
https://www.reuters.com/article/guinea-nimba-hpx/update-2-mining-investor-friedland-clinches-deal-on-guineas-nimba-iron-ore-idUSL5N25X1OZ