XAO 0.61% 8,531.7 all ordinaries

Short Term Trading Week Starting: 5 Mar, page-202

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    Does anyone here familiar with magnesite deposits? Any feedback is welcome?

    Please see below for some details of KOR.AX....

    Some posts...

    https://hotcopper.com.au/threads/iv...get_post=true&direction=previous#.WqB65ExuI2w


    mce-anchorDEVELOPMENT PROJECTS
    Winchester (Magnesite)
    Winchester magnesite deposit is operated by Korab's subsidiary AUSMAG PTY LTD. It is one of the best located magnesium deposits in the world with ~17 million tonnes of JORC Code compliant resource @ 91% MgCO3. Winchester is located just 75 km south of the port of Darwin. Project is serviced by excelled infrastructure including, rail, sealed highway, gas pipeline, high voltage power and potable water. Magnesium is stronger than steel yet lighter than aluminum. It is widely used in chemical industry, aerospace and military applications, steel making, as flame retardant, super conducting materials, automotive sector and building and construction.
    Winchester deposit ...
 
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