MLX 2.25% 45.5¢ metals x limited

wingellina nickel ore contains 50pc iron ore , page-9

  1. 3,947 Posts.
    lightbulb Created with Sketch. 328
    The good thing about mistaken ideas about limonite-and they are common- is that the share price will stay lower for longer-so we can accumulate more, before they wake up!
    Apparently, the level of impurities-particularly manganese oxide is critical to processing cost because of the amount of acid multiples with higher impurities, and W has low levels. Bewdy! Sulphuric acid is corrosive stuff and you need high grade steel stainless etc to deal with it. Guess what you make high grade alloy/stainless steel out of? Iron ore, nickel and cobalt mixed with coke in a blast furnace. What is at Wingellina? Iron ore...nickel...and cobalt. Titanium is also important in coatings to repel sulphuric acid. Not much attacks titanium. And Oz has heaps of that, too. But as usual we dont know how to make it. We send it to the Russians to make nuclear submarines out of, with which to point missiles at everybody.
 
watchlist Created with Sketch. Add MLX (ASX) to my watchlist
(20min delay)
Last
45.5¢
Change
0.010(2.25%)
Mkt cap ! $412.3M
Open High Low Value Volume
44.0¢ 45.5¢ 43.3¢ $1.953M 4.353M

Buyers (Bids)

No. Vol. Price($)
3 110122 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
45.5¢ 49999 1
View Market Depth
Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
MLX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.