convert us$70 p/t * 1.62 = au$113 p/t. FEX 140 tonne capacity road trains transport iron ore 500km from mine site to Geraldton port for au$50 p/t.
BFS CMB plant feed approx 1.5 mtp/a of which 11,200 tonnes is vanadium and 900,000 tonnes is FeTi cons.
So after mining and concentrating you would prefer to see 60% of the plant feed FeTi cons put on a waste dump.
Also the WA Govt would receive royalty's from the cons.
I think this show still has a number of problems, but trucking the FeTi cons to Tenindewa is not one of them.
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