Magnetite Mines Ltd (RRSXF) GREEN IRON SA Advances Port Pirie Iron Ore Export Concept
Magnetite Mines Ltd (ASX:MGT) (FRA:R8Q1) (OTCMKTS:RRSXF) issues joint release with GREEN IRON SA as it advances the Port Pirie Iron Ore Export Concept.
HIGHLIGHTS:
- Port Pirie export pathway clarified: A high-level engineering assessment of Port Pirie's existing infrastructure and logistics options by Green Iron SA has outlined a potential iron ore export configuration from train arrival through to ship loading at Flinders Ports' Berth 7.
- Leverages existing infrastructure: The concept intentionally makes best use of existing industrial land, port precinct infrastructure and transport corridors, consistent with the consortium's objective of enabling iron ore concentrate export as a precursor to downstream pellet and/or green iron production.
- Designed to limit community impacts: The proposed configuration prioritises measures to reduce dust and noise impacts, and to minimise vehicle-rail interface impacts, including transport corridor selection, covered storage and a sealed conveyor system.
- Consortium alignment: All Green Iron SA consortium members support the continued advancement of the Port Pirie export concept, subject to further technical and economic modelling, approvals and stakeholder engagement.
*Please refer to the Joint Media Release for further details.
https://abnnewswire.net/lnk/M03A1L7D
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