Where did you get your figures from. I got mine from the announcement,
▪ Low iron content
End product TiO2 is bright white, whereas ilmenite is brown or black due to its iron content which requires further processing to remove the iron and turn it into a pure product. The average % iron ore content of the 4 discovery holes, over the first 24m from the surface, lies in the range 5% to 11%, which appears to be unusually low (good) for a titanium deposit [ ASX:MEU 13 Nov 2024 ].
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