Mount Gibson To Deliver First Iron Ore At Shine Next Year

Mount Gibson Iron is targeting the delivery of first ore sales from the Shine iron ore project in Western Australia in mid-2021.

The company aims for a direct shipping ore (DSO) production rate of 1.5 million wet metric tonnes a year based on stage one proven ore reserves of 2.8 million tonnes grading 59.4 per cent iron.

The mine has a total Hematite mineral resource of 10.8 million tonnes grading 58.2 per cent iron.

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