Proactive Investors: Magnetite Mines boost flagship project economics with maiden Iron Peak ore reserve

Press | 09 Jun 2023

Magnetite Mines Ltd (ASX:MGT) CEO Tim Dobson talks Proactive through the updated project economics for the company’s flagship Razorback Iron Ore Project. He says the update combines the successful delivery of the optimisation study phase with a just-announced maiden ore reserve for the high-quality Iron Peak deposit. Upcoming milestones include completion of a DFS for the project and commencing a formal partnership process.

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