Immediate
Replace Koolyanobbing plant with a 15MT Metso crushing plant-saving $10 per ton?
Expansion
Stage1-Build 2 ports at Cape Preston & a railway track to Buckland, & install a 15MT Crusher.
Stage2-Continue the railway track to Kumina & install a 15Mt Crusher.
Stage 3- Continue the railway track to Iron Valley & Marillana, & build a 20MT plant.
Finance of expansion
Stage 1 -From current resources & profitability.
Stage2-From current resources & Buckland profitability.
Stage 3-From current resources plus Buckland & Kumina profitability.
Some of the above steps may well be underway but we have yet to be informed & I feel there is a need for far better communication.
I recently asked for information on cost savings by using rail as against road& was informed that they had not yet decided which was the best option
Thoughts on increasing Iron ore profitability
Add MIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$51.73 |
Change
-0.810(1.54%) |
Mkt cap ! $10.16B | |||
| Open | High | Low | Value | Volume |
| $52.60 | $52.90 | $51.22 | $90.38M | 1.746M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 193 | $51.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $51.80 | 700 | 1 |
View Market Depth
| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| MIN (ASX) Chart |