Sino project is a magnetite producer in Australia, and should be used as a comparison to mgt. You can't pick and choose. Magnetite projects because of their cost base are always the mines that don't make much money, and close first, and only give you a good return in boom times like now. When supply catches up, it always does mgt project will be uneconomic
Ann: Positive PFS Results for Razorback Iron Ore Project, page-804
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