Following my recent article below on Lionind's massive HBI plant Earnings potential due to rise in Scrap Iron price:
LIONIND – The massive 900,000 ton Hot Briquetted Iron (HBI) Plant 100% EXPORT at PE = 1
Author: FutureEyes | Publish date: Sat, 4 Aug 2018, 12:09 PM :
Please find below link on a short 5 minute Cartoon Video made by Northern Iron Corporation of Canada in 2013.
Technically Scrap Iron supply in China cannot continuously be recycled (with a recycle time of 40 years) and yet provide enough supply for their increasing infrastructure demand unless they use Iron Ore or Scrap Iron subsitutes like HBI.
Since they could not rely too much on Iron Ore (due to strict emissions restriction), they will be inevitably forced to rely on Scrap Iron substitutes like HBI.
HBI was predicted to be the key ingredient China would be craving for by 2020:
HOT BRIQUETTED IRON (HBI): The New Iron Age Part 2 - Balancing Global Metallics Supply and Demand
Original video below:
The same video can be found in YouTube below:
So now in 2018, we are just witnessing the beginning.