MGX 0.68% 36.8¢ mount gibson iron limited

interesting read

  1. 2,388 Posts.
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    Found this on google news.. quite a bit of this increase is us

    ABC reported that developing iron ore mines in Western Australia have caused a record number of tonnes to be exported through the Geraldton Port.

    In the past financial year, more than 15 million tonnes of cargo was shipped from Geraldton and nearly 11 million tonnes of that was iron ore.

    Mr Peter Klein CEO of Geraldton Port said that mining in the Mid West is changing the face of the once agricultural port. Our trade has jumped up 48% over the last 12 months, so that 15.4 million tonnes that we achieved this year is 5 million tonnes more than we did the previous year of 10.4 and that's predominately as a result of Mount Gibson and Karara Mining and their increasing iron ore exports."
 
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