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...
Add EFE (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.936M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 9687781 | 0.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.8¢ | 9450885 | 16 |
View Market Depth
| Last trade - 16.12pm 15/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.7¢ |
Change
0.000 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.7¢ | 0.7¢ | 0.7¢ | 1700008 | ||
| Last updated 15.56pm 15/05/2024 ? | |||||
| EFE (ASX) Chart |
Day chart unavailable