ADY admiralty resources nl.

shift to magnetite predicted

  1. brw
    178 Posts.
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    Lucky ADY has 89m tonnes of magnetite and is about to JORC a whole lot more in the next month.

    "He said there would be shift in mining - from hematite or direct shipping iron ore, which was favoured now because it required little or no processing - to magnetite ore, which does require processing but had higher ore grades."

    http://business.smh.com.au/fortescue-takes-iron-ore-bullishness-to-new-heights-20080619-2tbh.html
 
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