magnetite contribution

Tomorrow Townsville will become the first Queensland Port to export magnetite concentrate. It will come from Xstrata's Ernest Henry mine and be shipped to Asia.

Export of the magnetite concentrate will extend the life of Ernest Henry to 2024. Ernest Henry will produce 1.2 million tonnes a year.

Whilst CDU will not produce on the same scale, there is an obvious demand and any contribution will be gratefully received. It all helps.