Magnetite resource opportunities, New South Wales, Australia
In 2004 the pricing was around 110-112 per tonne ex works. Now in 2011 the prices have escalated to around 250 per tonne ex works. Some give a price of say MAGNETITE OPPORTUNITIES IN NEW SOUTH WALES, AUSTRALIA 2 230 +gst). The high coal prices obtained by the coal miners has lead to the acceptance of this far higher price …
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