RE:RE:RE:RE:Iron pellet plan . However, when announcing the purchase, they mentioned that a study would be filed before the end of 2023 concerning the refurbishment of the plant, also the technology is known before 2021. During the Ausimm event in Australia, a conference concerning this technology in connection with Champion is held there:
https://www.ausimm.com/publications/conference-proceedings/iron-ore-2021/development-of-a-cold-bonding-technology-to-high-grade-iron-ore-concentrate/
However, this cannot be the reason since it was already known even before the study was announced