I have been told that our production cost are 60% less than all other iron ore producers in the world
Vale, Rio Tinto and Fortescue would have a good laugh with that statement.
Company has secured a property approx. 20 kms from site which has: Did they account for that? How does the ore get from the mine site to the mill site? Are they going to beam the ore there? Use mules? How about wheel barrels?
Upgrade process facilities to produce high quality product and reduce the penalty According to a report from China last year, all iron ore shipped from Mexico in Qingdao is considered low quality.