Magnetite keen on Razorback

DEVELOPING the Razorback iron project in South Australia in a small-scale, staged operation could be the way forward for Magnetite Mines, according to a scoping study, with the existing rail and port infrastructure in the area meaning no large-scale capital investment will be needed.

Magnetite keen on Razorback Magnetite keen on Razorback Magnetite keen on Razorback Magnetite keen on Razorback Magnetite keen on Razorback

A razorback pig

Razorback, 240km from Adelaide near the town of Yunta, is close to Magnetite's other Braemar Iron Formation-hosted deposit, Ironback Hill.

Together the two deposits have resources of 3.