ARH 0.00% 0.5¢ australasian resources limited

I didn't realize this was so water intensive.?? could this be...

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    I didn't realize this was so water intensive.?? could this be what is holding us back??

    Gindalbie Metals has applied for a five gigalitre licence, about 80 per cent of the available recharge from a subsection of the Parmelia Aquifer. The water is beneath Mingenew, a region known as Australia's golden triangle of lupin production.

    The Mid West is on the verge of a mining boom with about 13 billion tonnes of iron ore pegged, worth an estimated $1.3 trillion.

    But most of the ore surveyed is magnetite, a lower grade product that needs water to be processed for China's steel making industry

    http://au.finance.yahoo.com/news/Stoush-brewing-mid-west-water-abc-4137039021.html?x=0
 
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