FMG 5.04% $17.50 fortescue ltd

metallurgical knowledge = no project, page-5

  1. 244 Posts.
    INice bit of fishing, but as I do not hold any Iron Ore stocks, I am happy to go through Pilbara ore processing options with anyone. Unfortunately, the flowsheet for this ore would induce excessively high op costs c/w other producers, hence the 'novel' surface miner approach (i.e. magic) is the strategy. Haven't we seen that approach somewhere else? If the surface miner was such a top piece of tech, then wouldn't we see it elsewhere?
 
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