Magnetite - a graveyard of failed iron ore mines. If it was so compelling why aren't BHP and RIO in the business. Huge capital cost to establish a mine - $16 billion for the Cape Preston mine -but making Clive Palmer rich. Very high production costs -even Iron Bridge cost estimates are high notwithstanding a higher sale value.
But hey its great news for the environment - no new magnetite mines less energy expended -no new magnetite mines zero new carbon emissions
Magnetite - a graveyard of failed iron ore mines. If it was so...
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Last
0.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.452M | |||
| Open | High | Low | Value | Volume |
| 0.6¢ | 0.6¢ | 0.6¢ | $603 | 100.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 11124095 | 0.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 3696669 | 11 |
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| Last trade - 10.02am 21/06/2024 (20 minute delay) ? |
| EFE (ASX) Chart |