g’day all,
this from the FEX board.
https://www.mining.com/new-iron-ore-port-could-boost-vales-expansion-plan/
it says other IO miners in the northern part of Brazil (where we are) will also benefit from this new port.
I’m thinking of the potential large concentrate shipments that’s been suggested are possible from the huge 5bt around us. Port access/facilities are essential for an IO producer, particularly of large volumes. It sounds like it will be ready in a few years, as will hopefully also be our expanded concentrate plant
this may well be the key to actually developing that monster deposit.
cheers,
ned.
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