This is the latest in a series of iron ore announcements in the Eyre Peninsula with a number of companies involved looking at Port Lincoln and Whyalla. LML could only economically use Port Lincoln, whilst magnetite could be slurried to Whyalla, haemetite can't. Corres on other threads (refer Centrex CXM) has addressed the issues in Port Lincoln, one ore facility will be difficult but it is hard to see two getting up. OneSteel cannot use their own ore wharf without barges and the ore jetty is not young.
it would appear that a new ore jetty at Port Bonython is the only option, this would be shared by a number of companies to cover the cost of a long jetty into deep enough water. This area is in the City of Whyalla and backs on to the army training range. The many shack owners around Fitzgerald Bay will not be happy but they already coexist with a petrochemical facility. A rail link to the standard gauge Port Augusta to Whyalla railway is feasible, the Eyre Peninsula railways are narrow gauge but are not linked to the OneSteel narrow gauge ore lines.
There are interesting logistical challenges ahead for all players.
I hold no Eyre Peninsula shares, this is for general info
- Forums
- ASX - By Stock
- 250mt iron ore 20km to port only 15m mkt
This is the latest in a series of iron ore announcements in the...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LML (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.7¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.33M |
Open | High | Low | Value | Volume |
0.7¢ | 0.7¢ | 0.7¢ | $1.313K | 187.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 8181389 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 20288048 | 19 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 448341 | 0.006 |
4 | 3032601 | 0.005 |
2 | 700199 | 0.004 |
1 | 200000 | 0.003 |
1 | 1000000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 337945 | 3 |
0.008 | 420442 | 2 |
0.009 | 478500 | 2 |
0.010 | 94721 | 1 |
0.014 | 50000 | 1 |
Last trade - 10.04am 15/11/2024 (20 minute delay) ? |
Featured News
LML (ASX) Chart |
The Watchlist
ACW
ACTINOGEN MEDICAL LIMITED
Will Souter, CFO
Will Souter
CFO
Previous Video
Next Video
SPONSORED BY The Market Online