MiIN a company with a market cap of $7.7 billion announced today it was planning a magnetite mine in the Yilgarn area.HAW should be ahead of them.
"YILGARN PROJECT UPDATE • Existing hematite operation - 15 pits, spanning +200km - 5 to 6 year mine life • Magnetite opportunity - Drilling program underway - Early stages of defining resource • Leverage existing infrastructure • Construct new process infrastructure - Produce pilot plant to prove concept - To produce high-grade magnetite - 4 year development timeframe - 5Mtpa module concept under development"
HAW Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
