Its about $10-12USD a tonne to ship from AUS to china..NC is less than half that distance from townsville.
PM1 Chairman Eddie King commented:“The grade of ore to be imported by QPM is a key value driver in consideration of this acquisition by the PM1 Board. The mine site inspection carried out by Xenith has confirmed the ability of SMT and SMGM to deliver on the ore supply agreement, an important milestone in the due diligence work being undertaken by PM1.”
That high grade will drive profitability.
