| Abstract: |
ASX-listed iron-ore junior BC Iron has received board approval to develop the Nullagine iron-ore project, in Western Australia, after the successful completion of a feasibility study.
The study has confirmed that the Nullagine project is an economically and technically robust direct shipping ore (DSO) project, which would produce at an initial rate of 1,5-million tons a year, then ramp up to a three-million ton a year, and then a five-million ton a year project, as roads and infrastructure were upgraded. |