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MinEx CRC welcomes new Affiliate Lodestone Mines to the team.
Lodestone Mines is studying the economics, support and technical feasibility for an iron ore mine, processing facility and infrastructure corridor in South Australia’s Yorke Peninsula, Mid-North and the Braemar Iron Ore Basin, situated in the State’s north-east.
The Lodestone Project will provide the infrastructure corridors needed to develop the iron ore deposits of the Braemar region and transport that iron ore to market.
The project work is continuing on the project as it moves into the detailed feasibility stage. The project represents a major investment in the mid-eastern South Australia Regions. When fully developed, the project has the potential to export 50 million tonnes of iron ore concentrate per year.