MRQ - chart thread !, page-1107

Please do some research on other deposits around the globe and look at Corridor again with some basis for judgement. Then look at MRQ's metalurgical results release from IHG Robins at how much of the HMC reports to a final saleable ilmenite (hint only 32% of HMC is recovered to ilmenite product after high cost roasting to remove chromite, even then with a low TiO2 content of 48%). Also look at the quality and recoveries of the Z&R to the non-mag con.

Ilmenite mines have been running on zircon and rutile credits for ever because that's where all the margin really comes from. In fact, the better Sth African deposits down the coast generally cover all their costs on Z&R alone, ilmenite feed for their slag kilns is free. Yes, there are huge volumes of sand, but MRQ's MC is still very low.... probably for a reason.