I'm surprised that the announcement of this maiden 700 million tonne magnetitite resource hasn't got much attention. 67.2%fe and is now Australia's largest. Its an important point of difference for them for the future as well. If they process 10 million tonne a year of it that's a 70 year mine life! And that's just the high grade stuff excluding the 5.5 billion tonne at 31%
Ann: Fortescue Ore Reserves and Mineral Resources Update, page-16
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.59 |
Change
-0.270(1.24%) |
Mkt cap ! $66.47B | |||
| Open | High | Low | Value | Volume |
| $21.71 | $21.80 | $21.51 | $95.00M | 4.393M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 7115 | $21.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.59 | 4291 | 2 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| FMG (ASX) Chart |