RE:RE:RE:RE:RE:RE:The world is swimming in nickelReminds me of the New Gerald R Ford Class of Aircract Carriers. The USS Gerald R Ford was supposed to replace the USS Enterprise. Idealy, the replacement carrier should be online and fully combat ready before the old ship is decomissioned. The Nimitz Class was built one-for-one as the old Essex/Forrestal Classes were taken out of service. The Big E was decomissioned in 2012 at the end of its life expectancy. The Gerald R Ford is currently on a training exercise as a final confirmation of it's combat readiness - 11 years late!
It took 20 years to design and build the Gerald R Ford. Why did it take so long? A wise old Admiral once said, each time you design a new aircraft carrier, don't change more than one thing at a time! The Gerald R Ford changed 10! New unproven electromagnetic catapults, radars, rectors, etc.
Just like the Gerald R Ford, these ultra low grade, bulk tonnage deposits depend on a lot of unproven band new technology (as Mark says, they have invented new proprietary technology with Tingshang).
Just like the Gerald R Ford, there's going to be a lot of teething pains getting this up and running.