MIN 0.71% $45.13 mineral resources limited

Thoughts on increasing Iron ore profitability

  1. 71 Posts.
    lightbulb Created with Sketch. 3
    Immediate
    Replace Koolyanobbing plant with a 15MT Metso crushing plant-saving $10 per ton?
    Expansion
    Stage1-Build 2 ports at Cape Preston & a railway track to Buckland, & install a 15MT Crusher.
    Stage2-Continue the railway track to Kumina & install a 15Mt Crusher.
    Stage 3- Continue the railway track to Iron Valley & Marillana, & build a 20MT plant.
    Finance of expansion
    Stage 1 -From current resources & profitability.
    Stage2-From current resources & Buckland profitability.
    Stage 3-From current resources plus Buckland & Kumina profitability.
    Some of the above steps may well be underway but we have yet to be informed & I feel there is a need for far better communication.
    I recently asked for information on cost savings by using rail as against road& was informed that they had not yet decided which was the best option
 
watchlist Created with Sketch. Add MIN (ASX) to my watchlist
(20min delay)
Last
$45.13
Change
0.320(0.71%)
Mkt cap ! $8.868B
Open High Low Value Volume
$45.25 $45.94 $44.61 $31.34M 695.2K

Buyers (Bids)

No. Vol. Price($)
1 556 $45.00
 

Sellers (Offers)

Price($) Vol. No.
$45.13 2127 1
View Market Depth
Last trade - 16.10pm 26/08/2024 (20 minute delay) ?
MIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.