Last year I thought the same after seeing a interview with Don Lindsey. But shortly after Teck stated to accumulate Fortsecue stock - gaining a large position. May be more interested in Aussie ore.
Volestalpine announced it will spend 1/2 billion to set up a DRI plant in Canada or US to feed its mills. I think they are more opt to looking at LIM. Securing feedstock for its own operation.