CAY 8.20% 16.5¢ canyon resources limited

Ann: High Grade Resource at Minim Martap, page-30

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  1. 369 Posts.
    lightbulb Created with Sketch. 69

    I have a contact who manages logistics for Rio iron ore trains in the Pilbara; 0.5c / km running costs not including capital costs. 

    Of course they move 300 million tonnes pa, but still it appears freight can be very cheap. 0.5c x 650km = $3.25/t

    Last edited by Patron: 16/11/18
 
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