as good as Prop is centre is higher grade and 27kms in length. billion tons here higher in grade than AR3 and deeper with lower stripping costs. What they save in IONIC clay processing costs we make up many fold in grade and clay processing costs. People will work this out shortly. AR3 grades IMO are barely economical but market thinks the article in the Australian is GOSPEL and AR3 is the only clay deposit in Australia that will be mined. I do not think market evens knows of Esperance clays.
Ann: Very High Metallurgical Recoveries, page-299
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