UMC 0.00% $1.30 united minerals corporation nl

2.39 price target report, page-27

  1. 13,188 Posts.
    lightbulb Created with Sketch. 2688
    Not sure about impurities Magix, however I'm assuming that the Yandi deposits were primarily formed from eroded Marra Mamba BIFs, which typically have low concentrations of phosphorus (< •1%). Si + Al will more than likely be a few percent higher than Railway, albeit I doubt any serious beneficiation work will be necessary.

    I would also expect to see LOI levels at the higher end of scale (~10%), which will certainly assist in maintaining the Fe levels to medium grade ore.

    I must say that I'm quietly confident that Yandi Headwaters will more than likely be an attractive addition to our iron ore portfolio.
 
watchlist Created with Sketch. Add UMC (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.