Macarthur Minerals (ASX:MIO) recaps busy second quarter
  • Last week, the company updated its mineral resource for the project and has been working on a rail link to transport high-grade magnetite to the Port of Esperance
  • The price of iron ore has continued to remain strong during this quarter, despite the global pandemic and is starting to get back to peak 2019's price
  • Macarthur is now planning on finalising the rail link and continuing to advance the Feasibility Study on Lake Giles
  • Company shares are up 1.11 per cent on the market today and is trading for 45.5 cents per share