ANS 0.00% 1.7¢ austsino resources group limited

This is on the cards if the project gets of the ground The...

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    This is on the cards if the project gets of the ground
    The Mbalam-Nabeba project, which straddles the border of Cameroon and the Republic of Congo in Central Africa, will be built in two stages.
    Stage one is expected to produce sinter fines (iron ore powder) averaging more than 62 per cent iron at a rate of 40 million tonnes per year for around 14 years.
    Stage two, which is now at a pre-feasibility stage, would extend the life of the operation by another 15 years producing high-grade itabirite hematite concentrate.
    Itabirite is a term used to describe major hematite — the main source of iron — deposits ranging in scale from 1 to 4 billion tonnes
 
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