re: Ann: Fourth Quarter Activities and Cashfl... Here is some...

re: Ann: Fourth Quarter Activities and Cashfl... Here is some info on Aurox Resources slurry pipeline :

An underground pipeline will be used to transport iron ore more than 100km across WA’s north-west after the Environmental Protection Agency (EPA) gave the project a green light.

Aurox Resources’ $200 million slurry pipeline will deliver magnetite from Whim Creek to Port Hedland and do away with the need for multi-million-dollar roads and rail lines.

“As opposed to $12-15 per tonne to deliver magnetite by road or rail, the cost of pumping the product is only $1 per tonne,” he said. “Everybody wins with this project.”