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Macarthur Minerals Secures Major Approvals for Iron Ore Project

Macarthur Minerals Secures Major Approvals for Iron Ore Project

Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!

April 9, 20261m 30s

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Show Notes

Macarthur Minerals secures major approvals for Lake Giles Ularring hematite project, paving the way for construction and infrastructure development. The project aligns with a potential $70 million deal with Gold Valley for exported ore through the Port of Esperance. Bulk sampling is now greenlit, with the hematite deposit boasting significant resources. A new investor, Steve Wyatt, has acquired nearly 16% of the company, bolstering Macarthurs position in the iron ore market.

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