Dr Dean Carter, Projects General Manager (centre)Source: Macarthur Minerals
- Macarthur Minerals (MIO) and RCR Mining Technologies (RCR MT) have toured the Port of Esperance, the location of a planned rail transport and unloading solution
- Macarthur appointed RCR MT to design a solution for its flagship Lake Giles Iron Project, so it can progress to market
- The recent visit with Southern Ports has strengthened MIO' belief the new rail technology would be extremely beneficial for itself and Esperance Port
- In particular, Macarthur believes its proposed transport solution would increase unloading capabilities and open up new business opportunities for the Port
- While the specialist rail carts designed by Kiruna Wagons could be manufactured by RCR here in Australia, opening up job opportunities
- Shares in the company are trading up 32 per cent, following its note holding conversion announcement
- MIO shares are currently worth 65 cents per share
Dr Dean Carter, Projects General Manager (centre)Source: Macarthur Minerals
