Hi All, haven't commented in a while as I mainly just scroll through. I think one of the best things we have with our magnetite project that is in the pipeline is Formosa being our partner in it!
Fmg is claiming that it will be the lowest capital intensity magnetite project in Australia and they have proven themselves time and time again, once it gets the go-ahead stamp it will be ramping up within 3 years!
the fact that our innovative process will reduce costs 25% compared with traditional plants is just another step in the right direction.
Iron ore price, page-3416
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