Cazaly Resources is keen to export through Esperance, but has also cast its eye over an Albany option and could be digging ore within six months, given an appropriate port solution.
Cazaly Joint Managing Director Clive Jones says, ‘Cazaly seeks the best possible combination of road, rail and port solutions to enable the Parker Range Iron Ore Project to be developed as soon as possible.’ Cazaly’s Parker Range Iron Ore Project at Mount Caudan deposit has 35.1 Mt at 55.9 per cent iron and is ready to mine with approvals in place.
Cazaly’s definitive feasibility study has indicated that the Project can produce up to 4.2 Mtpa of high-grade ore.
CAZ Price at posting:
20.0¢ Sentiment: None Disclosure: Held
