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Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSDF | MMSLF

Macarthur Minerals Limited is an Australia-based iron ore development, and lithium exploration company that is focused on bringing to production its Western Australia iron ore projects. The Company has three iron ore projects in the Yilgarn region of Western Australia and two exploration project areas in the Pilbara, Western Australia for targeting iron ore. In addition, it has lithium brine interests in Railroad Valley, Nevada, United States. Its iron ore projects include Ularring Hematite Project, Moonshine Magnetite Project and Treppo Grande Project. The Lake Giles Iron Ore Projects (Moonshine Magnetite Project and the Ularring Hematite Project) are located on mining tenements covering approximately 62 square kilometers (km2), 175 kilometers northwest of Kalgoorlie in Western Australia. The Treppo Grande Project covers an area of over 68 km2. The Pilbara Projects tenements include E45/5324 and E45/4735. The Reynolds Springs lithium brine project covers an area of around 18 km2.


TSXV:MMS - Post by User

Post by shawshank2on Aug 04, 2022 9:13am
249 Views
Post# 34870652

Not economically viable?

Not economically viable?I am very interested in this doing some dd here but it was like pulling teeth to find the long term price they used to justify economics. Can anyone confirm for me what price they used for fs?? I found this in report A long-term CFR China sales price of US$131.40/dmt for Macarthurs 66.1% Fe concentrate product specification has been adopted, based on forecast pricing for 62% Fe CFR China of US$99/dmt through to 2050 with an adjustment for grade and a magnetite premium. This is expected to result a realised free on board (FOB) sales price of USD$120.30/dmt after shipping and marketing cos
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