MGT 5.77% 27.5¢ magnetite mines limited.

The world’s iron ore powerhouse is preparing to reinvent itself...

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    The world’s iron ore powerhouse is preparing to reinvent itself | The West Australian

    https://hotcopper.com.au/data/attachments/5695/5695473-6057a8c5c914d64b268e77baa79586c4.jpg
    “The premium for higher grade material is going to increase significantly,” said David Cataford, chief executive of Champion Iron, a competitor to Australian producers which supplies higher-grade iron ore from Canada. “If you’re producing lower grade, we do feel it’s going to be more complicated in the medium-term.”

    Patience my children. We are on the right train.
 
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