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8.3¢ gwr group limited

That's why they upgraded the Leonora to kalgoorlie line in the...

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wilef

2,925 Posts.

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20/07/21

19:55

Post #: 54640663
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Originally posted by illalong: ↑

Nickel production can't justify new rail, becasue it's not sold in sufficient volume. I couldn't find production figures in a 5 minute look, but Mt Keith and Leinster have reserves of around 1 MT total. They both have nickel concentrators, so IIRC they produce a 20% Nickel concentrate. So if they produced their entire reserves in one year they'd have 5 MT to throw on the line... If we built it I imagine they'd jump on it, but it's a different kettle of fish to even GWR by itself, currently licensed for 7 MTPa with a realistic possibility of going higher.

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That's why they upgraded the Leonora to kalgoorlie line in the first place... For Nickel....They upgraded from narrow to standard guage and later Re-railed to a heavier line.

leinester concentrate was carted to leonora by road, then loaded on a train to go to the kalgoorlie smelter and that only stopped because they had trouble with the mine at leinster. I don't know if it has restarted.
Also Windarra nickel was loaded at malcolm siding (25km from Leonora) and sent to the kalgoorlie smelter
So the leonora line has always been about NICKEL.... So far.

GWR Price at posting: 38.0¢ Sentiment: Buy Disclosure: Held
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