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Macarthur Minerals Ltd V.MMS

Alternate Symbol(s):  MMSDF

Metals & Mining Industrial Metals & Minerals
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

Macarthur Minerals Ltd
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Comment by rkhamon Nov 04, 2017 10:20am
106 Views
Post# 26905620

RE:RE:RE:RE:No looking back now !!!!

RE:RE:RE:RE:No looking back now !!!!The preference for higher-grade iron ore is likely a structural shift in the seaborne market. China is not going to backpedal on its environmental policy and steel mills will need to use the highest purity iron ore to counter rising environmental thresholds for what is permissible..

If this is the case what grade would be the  highest margin?
Looking at the price chart 62%  pegged the iron ore at around 70 per ton..

this site shows varity of metals & grades
https://www.asianmetal.com/IronOrePrice/IronOre.html
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