MIO 0.00% 6.8¢ macarthur minerals limited

Their yilgarn iron ore is dead in the water as far as shipping...

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    Their yilgarn iron ore is dead in the water as far as shipping out of esperance is concerned. MRL own the the unloading facilities there and are ramping up to 11 million tonnes a year which is the tippers capacity. So they can only go through perth which costs more.that is why MRL bought out Cliffs .10 dollars a tonne cheaper through Esperance.
 
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