From the ann for the study""High-Grade Iron Concentrate...

From the ann for the study

""High-Grade Iron Concentrate Production
The study will include the overall layout plan of the processing plant facilities, development
of process flow-sheet, preparation of major items list of required process equipment with
capacities, identification of non-process plant infrastructure e.g. water, power, road, camps,
etc., overall Capital costs (CAPEX) and Operating costs (OPEX) estimates and plan for the
export by rail from Perenjori to Geraldton and export through the Geraldton Port (the project
lies within 15km of existing rail link between Perenjori and Geraldton)""

Also found a major magnetite processing mine located about 70klm away. Karara mining which predominantly does magnetite and has its own rail infrastructure to Geraldton. That mine was circa 3-4bill CAPEX cost from what i can tell. Also started in 2011 and wasnt profitable until 2017. Be interesting to see what sort of CAPEX and OPEX figures the study shows up.