IMO: ARH and GBG are very similar, majority of ore resource is magnetite. Production is reasonably cheap in comparison to Itabirite but nothing beats hematite. Hematite -----> Blast -----> ShipMagnetite-----> Blast -----> Crush ----> Magnetic Separation -----> Concentration ----> Pelletised ---->ShipItabirite-----> Blast -----> Crush ----> Grind ----> Flotation -----> Pelletised -----> ShipGrinding and flotation are additional costs in comparison. Brazil IO are mostly of this type, and they supply the world. SDL can do too.I have faith that SDL has more hematite to declare.
NVA Nova locks in NASDAQ US market listing at a value of only US$3.3M as ASX gets quieter and quieter
MND Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?