Page 7
"Magnetite Mines has commenced approvals to produce 5Mtpa of premium-grademagnetite concentrates from its Razorback Iron Ore Project, with production targeted tocommence in 2029"
Page 17
"The FID for the Razorback Iron Ore Project in South Australia is expected within 2 years,subject to funding and approvals. This will be followed by a 2-year construction period withthe earliest production of concentrates scheduled for 2029"
"The development capital cost for Stage 1 of the Razorback Iron Ore Project is expected tobe in the range A$1.7 – A$2.0 billion, with a payback period of 4 – 5 years (on an 8%discounted cash flow basis) from first production."
Just a few of the more informative pieces.
Shame the timeline now appears to be 2029. I remember when it was meant to be first shipment December 2024.
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