Moly Mines Announces First Shipment of Iron Ore

21 December 2010 (Last Updated December 21st, 2010 18:30)

Moly Mines has confirmed that the first iron ore produced from its Spinifex Ridge iron ore project is ready for shipment from Port Hedland. The maiden shipment will carry up to 55,000t of iron ore fines at a forecast grade of 59% iron, the company said. Shipment sizes will increas

Moly Mines has confirmed that the first iron ore produced from its Spinifex Ridge iron ore project is ready for shipment from Port Hedland.

The maiden shipment will carry up to 55,000t of iron ore fines at a forecast grade of 59% iron, the company said.

Shipment sizes will increase over the next 12 weeks as the mine production rate ramps up and commissioning of the company’s stockpiling facilities at Utah Point is completed.