Lab test work on the feasibility of recovering >62%fe is being done at present.
Btw ..looking at FEX transport costs, 490 km from Iron Ridge to Geraldton using triple road trains. It is a JV with the transport Co at a cost of $1.25m.
Employing 70 drivers and 30 workers in Geraldton at a cost of $43.27 p/t for 1.25mtpa.
IMO ..if the **by fe is not able to be upgraded and recovered efficiently it makes the move to Mullewa a bit more difficult.
Ann: Option Agreement for Location of Vanadium Processing Plant, page-58
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