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How Macarthur Minerals Is Unlocking Dual Iron Ore and Nickel Value at Lake Giles
4:34pm on Thursday 31st of July, 2025 AEST
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How Macarthur Minerals Is Unlocking Dual Iron Ore and Nickel Value at Lake Giles
4:34pm on Thursday 31st of July, 2025 AEST
Key Points
Lake Giles iron ore project confirmed commercially viable with 3 Mtpa magnetite production
Binding term sheet signed for hematite ore mining and export via Esperance Port
Significant nickel prospectivity identified from historical drill data with seven high-priority targets
Fully underwritten renounceable entitlement offer raised A$2 million to improve liquidity
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Macarthur Minerals (ASX:MIO)
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