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a billion tonnes of iron ore, page-24

  1. slammin
    104 Posts.
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    05/01/10
    21:32
    Post #: 6165154
    Vayama,

    It is not low grade fe, please refer to website and Fact Sheet. It is a premium product, very low impurities producing 70%fe even at course grinding.
    An Engineers report claimed it to be one of it not the highest grade magnetite in Australia. Report should be on website somewhere.
    I think where you are getting confused with is Hercules, is lower but potentially a massive resource and still early stages.
    Anyway plenty of info on the website.
    Cheers
    TRF Price at posting: 95.6¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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