The Balmoral deposit has a compelling combination of value advantages over other new projects -with no fatal flaws–coastal location–premium ore quality –low strip ratio & reasonable conversion/recovery factor–Ore Reserves declared and audited by independent expert–Massive deposit –supports low unit capexcost for new shared port–State Agreement, fully approved port & very advanced mine approvals•With the support of its well credentialed partner, Shougang, ARHis well positioned to become the major new and profitable iron ore producer
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The Balmoral deposit has a compelling combination of value...
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