The previous announcements make a point of there being enough direct ship microplaty haematite to last at least 2 years. But there is 5 - 10% sand in it. See here...
http://www.fmgl.com.au/IRM/content/project_exploration.htm
I just hope china is not targeting FMG like they did with MGX and GBG. - Forced into JVs and placements.
worrying times, page-31
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