MGT magnetite mines limited.

Ann: Mines and Money Conference Presentation, page-17

  1. 209 Posts.
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    You are on the money!
    Processing cost to extract Magnetite from it's host rock is marginal at best. Our friends from HIO are planning to go from 67.5% IO to 69.9% IO by a third process currently only proven in a lab with a 500kg sample. (Not yet proven at a scale in real world).
 
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