Why are you so fixated on water? did yo not read the announcement? it clearly states what is happening with water...
1. A key optimisation for this workstream is to test the ability of the current flowsheet to process concentrates using saline water. If proven, the use of saline water in processing would obviate the need for large-scale desalination at the coast, a significant reduction in Project capital and simplification of the permitting and approvals pathway. A test work program has been commissioned to test the response of saline water in processing from both the coast (sea water) and Murray River wastewater offtake samples. Initially, flotation performance will be tested followed by a final wash test work program to remove chlorides from the final concentrate. Pending these results, the technical solution for water offtake will be finalised.
2. The Murray Basin Wastewater option seeks to utilise wastewater derived from salinity management schemes along the South Australian sector of the Murray River. Brackish groundwater is extracted via bore pumps in several scheme area to prevent rising salinity levels in the river, with disposal via evaporation in a basin southeast of Morgan. The schemes can produce up to 12Gl/a of water for disposal and, with no current beneficial use, this large, reliable water resource is suitable for industrial-scale offtake.
3. The Company has advanced consideration of this option due to the known volume of water available, supporting Stage 1 production requirements, and the attractive sustainability proposition of using a current wastewater stream for a high-value industrial application. The Company formally submitted an Unsolicited Proposal to the South Australian Government in April 2023 seeking access to the wastewater. The Murray Basin Wastewater concept requires Cabinet approval to progress to the next step of the State’s Unsolicited Proposal process and is expected to be considered by Cabinet imminently.
4. Permitting and approvals pathway studies have commenced for both the Coastal Water and Murray Basin Wastewater solutions. This work is inclusive of environmental and permitting due diligence as well as initial contact with local councils, SA Government entities and other stakeholders regarding pipeline routing and land access.
Let me know if your struggling to read. I can provide you with some resource/programs to assist.
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magnetite mines limited.
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Why are you so fixated on water? did yo not read the...
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9.4¢ |
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0.004(4.44%) |
Mkt cap ! $11.37M |
Open | High | Low | Value | Volume |
9.1¢ | 9.4¢ | 9.0¢ | $27.07K | 299.3K |
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No. | Vol. | Price($) |
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1 | 2537 | 9.1¢ |
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Price($) | Vol. | No. |
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9.5¢ | 248900 | 2 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2537 | 0.091 |
4 | 33860 | 0.090 |
1 | 50000 | 0.089 |
1 | 28410 | 0.088 |
2 | 13000 | 0.087 |
Price($) | Vol. | No. |
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0.095 | 248900 | 2 |
0.100 | 291311 | 2 |
0.110 | 34618 | 4 |
0.115 | 44733 | 3 |
0.120 | 110712 | 3 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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