REM, or rather now KDNC (Cadance), is one of the major investors...

REM, or rather now KDNC (Cadance), is one of the major investors in MMS. They are mainly interested in Lithium (and from the past Rare Earths). So I am pretty sure they have no interest in the Iron ore apart from the fact that it could help to finance the Lithium exploration and mining. To my understanding KDNC wants to become a real global Lithium provider. They currently have major stakes in BCN (Mexico), EMH (Europe), and MMS (Australia and Nevada). With that they cover most areas except that, interestingly, they have nothing in the South American Lithium triangle. But then of course there are not many cars build in SA....

Anyway, from the KDNC point of view there is clearly no interest what so ever in the Iron and I believe KDNC have a significant influence on the direction the company goes! So I believe the Iron ore parts are up for sale!