MIO 6.25% 60.0¢ macarthur minerals limited

News: Macarthur Minerals appoints RCR Mining Technologies for Lake Giles transport solution

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    Macarthur Minerals (ASX:MIO) appoints RCR Mining Technologies for Lake Giles transport solution

    • Macarthur Minerals (MIO) has appointed RCR Mining Technologies (RCR MT) to design a 'Helix Dumper' transport solution for the Lake Giles Iron Project in WA
    • This will assist in transporting magnetite concentrate — grading at least 65 per cent iron — from Lake Giles to the Port of Esperance
    • The company will employ the Helix Dumper unloading system and Helix Dumper wagons, which are owned and developed by Kiruna Wagon in Sweden
    • The Kiruna Wagon has effectively transported heavy loads of magnetite concentrate and is said to have several advantages over conventional dumpers
    • Now, Macarthur is working with the Southern Ports Authority to gain access to a storage shed and potentially develop the system at the Port of Esperance
    • Company shares are currently trading flat at 21 cents
    Read the full article on The Market Herald here: https://themarketherald.com.au/macarthur-minerals-asxmio-appoints-rcr-mining-technologies-for-lake-giles-transport-solution-2020-07-29/
 
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