Magnetites are lower grade on the ground but higher grade after processing. Hematite ore are higher grade on the ground but lower final product. Magnetite require processing therefore additional cost. After processing our product will be at least 68% fe, could go above 70% with the use of next ore tech. You can google magnetite vs hematite iron ore. you will see the difference.
MGT share price, page-5414
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $19.60M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.0¢ | 17.0¢ | $75.52K | 441.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 20920 | 1 |
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| Last trade - 14.03pm 14/10/2024 (20 minute delay) ? |
| MGT (ASX) Chart |