- Macarthur Minerals (MIO) partners with GWR Group (GWR) for supply of Direct Shipment Ore (DSO) from GWR’s Wiluna West Iron Ore Project in WA
- An initial two-year binding term sheet would see Macarthur purchase 400,000 tonnes per annum of DSO lump and fines products from GWR
- The sale price is expected to reflect an equitable split of the realised sale price on a 'free on board' basis at the ship rail, incorporating transport costs
- This deal follows MIO's recent rail capacity agreement with Pacific National for 400,000 tonnes p/a on the Kalgoorlie to Esperance rail line
Read the Full Article on The Market Herald here
Macarthur Minerals (ASX:MIO) to grab GWR Group’s (ASX:GWR) DSO in partnership deal
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