My money is on IOCC to be the firstWhy ? Because they have 5 or 6 grate lines, each independant, and they are not using all of them.
From Aug 7 NR of the Labrador Iron Ore Royalty Corp. They own 15% of IOCC.
In such an uncertain economic environment, IOC's ability to optimize its production mix to meet changing market demands is a clear advantage. At the end of the first quarter of 2020, IOC halted production of two pellet machines in order to focus on meeting the demand for CFS. Recently, the Atlantic pellet market has shown some improvement in demand and, as a result, IOC brought back on-line one of the two idled pellet lines.
I call this a perfect made to measure opportunity for Peter to prove, on the world stage, what his magnificent tools can do. At the same time it does not oblige IOCC to bet the farm on torches. I am getting more enthusiastic about this by tbe minute.