FEX (Phoenix Iron) brought out a PFS today with trucking 490km from Weld Range to Geraldton.
They used 8.8c/km.
So 440 x 8.8 = $38.72 a tonne.
So, yeah, that's worse than $32 a tonne. Those logistical and wage savings better be darn good!
Ann: Option Agreement for Location of Vanadium Processing Plant, page-55
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