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Bushveld Minerals announced that a prefeasibility study on the company’s Bushveld iron ore project will begin in May after a scoping study showed a low-cost near-term development to production.
Bushveld Minerals announced that a prefeasibility study on the company’s Bushveld iron ore project will begin in May after a scoping study showed a low-cost near-term development to production.
As quoted in the news:
The iron-ore- and tin-focused minerals development company found that, based on five-million tons a year run-of-mine, producing 2.2-million tons of concentrate a year over 18 years, the future mine hosted attractive operating costs of $51/t with a payback period of two years.