I'm surprised that the announcement of this maiden 700 million tonne magnetitite resource hasn't got much attention. 67.2%fe and is now Australia's largest. Its an important point of difference for them for the future as well. If they process 10 million tonne a year of it that's a 70 year mine life! And that's just the high grade stuff excluding the 5.5 billion tonne at 31%
Ann: Fortescue Ore Reserves and Mineral Resources Update, page-16
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Last
$21.51 |
Change
-0.350(1.60%) |
Mkt cap ! $66.59B | |||
| Open | High | Low | Value | Volume |
| $21.71 | $21.80 | $21.51 | $67.95M | 3.140M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23491 | $23.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.43 | 67181 | 15 |
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| Last trade - 15.59pm 10/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |