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https://www.globenewswire.com/news-release/2020/09/02/2087676/0/e...

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    https://www.globenewswire.com/news-...on-Advances-with-RCR-Mining-Technologies.html
    Esperance Bulk Port Rail Unloading Solution Advances with RCR Mining Technologies

    September 02, 2020 08:00 ET | Source: Macarthur Minerals




    Conceptual example of ‘Helix Dumper’ in operation. Image is not a representation of actual infrastructure at the Port of Esperance. (Image reproduced with permission from Kiruna Wagon and RCR MT)

    • Macarthur and RCR Mining Technologies (“RCR MT” ) have completed a site visit to the Port of Esperance in conjunction with representatives from Southern Ports Authority and Arc Infrastructure.
    • Subject to approval by Southern Ports Authority, RCR MT’s cutting edge ‘Helix Dumper Wagon’ (“Helix Dumper” ) transport solution for Lake Giles Iron Project can be developed within the Port envelope at Esperance.
    • Macarthur’s market-lead proposal for the development of the Helix Dumper solution will allow optimisation of existing Berth 3 ship-loader capacity at the Port of Esperance, enhancing its current performance from the current 2,220tph throughput to over 4,500tph capacity.
    • RCR MT expects to complete its engineering design report on the Port of Esperance unloading infrastructure within weeks, creating a pathway (in collaboration with Southern Ports Authority and Arc Infrastructure) to select a preferred development option for the new rail unloading infrastructure system.
    • Reaching agreement on a preferred development option for the Helix Dumper and connected conveyor path will deliver the next material piece of the rapidly emerging ‘route to market’ solution for Macarthur’s Lake Giles Iron Project.
    VANCOUVER, British Columbia, Sept. 02, 2020 (GLOBE NEWSWIRE) -- Macarthur Minerals Limited (TSX-V: MMS) (ASX: MIO) (the “Company” or “Macarthur” ) is pleased to provide an update on its continued progress towards completing its route to market for the flagship Moonshine magnetite deposits at Lake Giles.  Following the recent engagement of RCR Mining Technologies Pty Ltd (“RCR MT” ) to provide a conceptual engineering and design solution for rail transport and unloading infrastructure of magnetite concentrate at the Port of Esperance, Macarthur and RCR MT completed a site visit to the port on 27 August 2020 in conjunction with representatives from Southern Ports Authority and Arc Infrastructure.


    RCR MT, a subsidiary of NRW Holdings (ASX: NWH), holds an exclusive license to develop the Helix Dumper system in Australia and in combination with Kiruna Wagon have the ability to manufacture both the dumper and wagons in Western Australia. RCR MT has been engaged by Macarthur to examine the potential to use the cutting-edge rail unloading technology that has been successfully used in Scandinavian magnetite operations for several years. (See the Company’s recent announcement on 29 July 2020 here).

    Macarthur is working with Southern Ports Authority and Arc Infrastructure on the potential to develop this system at the Port of Esperance, in addition to negotiating for access to port capacity and for access to develop a storage shed for its magnetite concentrate. If constructed, the Helix Dumper system will be capable of handling tonnages well in excess of Macarthur’s immediate requirements for the Lake Giles Iron Project, providing the potential for increased trade through Esperance, subject to capacity elsewhere within the Port.  Importantly, if constructed, the new Helix Dumper has the potential to optimise the existing capacity of the Berth 3 ship-loader enhancing its current performance from 2,200tph to approximately 4,500tph where out-loading speeds are increased to match.  With a design capacity potential of up to 25,000tph, RCR MT and Macarthur are confident that the Helix Dumper system can easily match the required increased out-loading speeds to get more tonnes through the Port.
    Following completion of the engineering design report by RCR MT in coming weeks, Macarthur will be engaging with key stakeholders to endeavour to agree a preferred option for the development of unloading infrastructure at the Port.


    About RCR MT
    RCR MT is a subsidiary of ASX listed NRW Holdings (ASX:NWH), a leading provider of diversified services to the mining, energy and civil infrastructure sectors. RCR MT is a market leader in the design and manufacture of an extensive range of surface and bulk materials handling equipment with a reputation for delivering high quality mining technologies nationally and internationally. RCR MT holds an exclusive license to develop the Helix system in Australia and in combination with Kiruna Wagon have the ability to manufacture both the dumper and wagons in Western Australia.


    Recent Route to Market Progress
    Macarthur has recently advanced the following emerging route-to-market successes:

    • The Company announced on 25 June 2020 details of applications lodged for haul road and rail loading tenure which maps out a solution to transport magnetite from the Lake Giles Iron Project to the existing rail network that connects to the Port of Esperance (see full release here).
    • The Company announced on 15 July 2020 it had received a Proposal for development of a Commercial Track Access Agreement from Arc Infrastructure, the owner of the below-rail network (see full release here).
    Cameron McCall, President and Executive Chairman of Macarthur Minerals commented:
    Macarthur is continuing to forge ahead with a systematic approach to delivering every component of the infrastructure pathway that is necessary to bring Macarthur’s Lake Giles Iron Project into production and to see the first ore go over the ship’s rail.  The Board is confident that it has a Management team with the unique commercial and technical capabilities to get this over the line and take advantage of the current strength and resilience of the global iron ore market.
    There is a very real concerted energy building around the Lake Giles Iron Project and the Company is exceptionally excited to be working collaboratively with the great teams at Southern Ports Authority, RCR MT, Arc Infrastructure and above rail service providers to introduce cutting edge ‘Helix Dumper’ technology to the Port of Esperance.
    With the added capacity that the ‘Helix Dumper’ technology can deliver, the Company considers that there is a real potential to facilitate increased trade through the Port of Esperance and to contribute to the future economic growth and job security for workers at the Port and in the Goldfields region.
    Macarthur welcomes the opportunity to be part of that story and to contribute a positive legacy for the State of Western Australia.
    Last edited by sabine: 03/09/20
 
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