The link below makes great reading - 25km slurry pipeline from their mine to Cape Preston where ore is dried and loaded.
Biggest magnetite project in Australia. Shipping in 2012.
Both IOH's prospects are very nearby and CITIC has approvals to acquire up to 4Bn tonnes more ore in the future. Are we getting value out of our management? I think they need a pay rise.
Gary
www.citicpacificmining.com/
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