30
May
08:17
CZR secures land to support iron ore exports
Australian iron ore producer CZR Resources has secured a pivotal piece of land close to the Port of Ashburton. This will support exports from its Robe Mesa iron ore project in the Pilbara, Kallanish notes.
CZR recently announced an increased ore reserve for Robe Mesa of 27.3 million tonnes at 55.5% Fe (62.2% Fe calcined). This underpins a mine plan to produce 3.5 million tonnes/year of direct shipping iron ore (DSO) over an initial eight-year mine life.
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Very good overview of the weekly steel market.
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