3 million tonnes per annum is the same output as Eruu Gol
The Trans-Mongolian Railway crosses the border in northern China - its natural customers are steel mills in regions like Xinjiang that are already set up to take magnetite ore rather than better quality hematite.
HAR demonstrated that freight costs per ton of iron ore concentrate delivered from Mongolia to the city of Baotou are less than half those of shipping magnetite from Australia.
Ann: Investor Presentation - September 2014, page-8
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