MIO macarthur minerals limited
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Macarthur Minerals (ASX:MIO) to grab GWR Group’s (ASX:GWR) DSO in partnership deal

  1. TheMarketOnline
    7,926 Posts.
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    14/07/21
    15:38
    Post #: 54500028
    • Macarthur Minerals (MIO) partners with GWR Group (GWR) for supply of Direct Shipment Ore (DSO) from GWR’s Wiluna West Iron Ore Project in WA
    • An initial two-year binding term sheet would see Macarthur purchase 400,000 tonnes per annum of DSO lump and fines products from GWR
    • The sale price is expected to reflect an equitable split of the realised sale price on a 'free on board' basis at the ship rail, incorporating transport costs
    • This deal follows MIO's recent rail capacity agreement with Pacific National for 400,000 tonnes p/a on the Kalgoorlie to Esperance rail line

    Read the Full Article on The Market Herald here
    MIO Price at posting: 53.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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