Royal Resources (now known as Magnetite Mines - MGT) was looking at a 25mt/y magnetite concentrate production option with a direct slurry pipeline to a floating port around 2013. As best I can tell Royal Resources were distracted while investigating a magnetite joint venture opportunity in the Olary region about 100km west of Broken Hill that ended up going nowhere. MGT's slurry pipeline that included an underwater pipeline to a floating port off Port Germein seemingly was shelved around 2013 - 2014 and never heard from again.
Perhaps some long term holders of MGT can fill us in on why MGT dumped their slurry pipeline to port idea?
Ann: 20 Mtpa BFS and MOU with Flinders Ports, page-155
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