MGT 1.59% 32.0¢ magnetite mines limited.

doesn't work that way, it's not DSO. DTR is around 15%...

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    doesn't work that way, it's not DSO. DTR is around 15% hence the need to process to get a product of >65% IO.

    Strip ratio of 0.1 : 1 is for the life of the mine not startup.
    Selective mining startup = 0.01:1. Iron stone (magnetite ore body) is above ground in many places.
 
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