MoneyK, Teck is funding half of the operation.   Teck has only so much annual capex capacity to go around.

I didn't pick-up yet on the capex estimate for the NorthMet mine but it sounds substantial and they are shooting for 2026 production I think, so Teck will be spending some money there for the next couple of years for sure. 

I don't see Teck moving any faster with us than the snails pace that they have in the past...so yeah, sure looks like more waiting for us.