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Eyre magnetite jumps 200%

CHINESE steel major Wuhan Iron & Steel (WISCO) and Centrex Metals have boosted the total mineral resource for their Eyre Peninsula joint venture iron operation by 200% after posting an initial resource estimate of 319.4 million tonnes at a concentrate grade of 67.8% iron for the Fusion magnetite project in South Australia.

MiningNews.Net
Eyre magnetite jumps 200%

The total Eyre iron mineral resource is now 478.6Mt. An initial mineral resource of 159.2Mt at a concentrate grade of 66.9% iron for the JV’s Carrow project was released in June. The Fusion project...

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