Inca,

As you know,

Noble Group........."Once Asia's biggest commodity merchant with ambitions to rival dominant European trading houses like Glencore "

And from Noble's website:

• Metals & Mining

• Noble is a leading participant in the non ferrous metals market, sourcing from producers worldwide through long and short term offtake agreements and marketing arrangements, then distributing these products to our industrial consumer base.

   

  To assure we trade solely with responsible supply chain participants, and that we meet the due diligence expectations of the international community, Noble has formalised a Conflict Minerals Policy.

  Carbon Steel Materials

  Noble’s Carbon Steel Materials business focuses on providing raw materials to the steel manufacturing industry and encompasses iron ore, chrome ore and concentrate, manganese ore, metallurgical coal and metallurgical coke.

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• Inca, if they go down...who takes over Noble's supply contracts to the steel manufacturing industry?