Gindalbie makes first shipment from Karara

From AFR

Gindalbie Metals shares have risen eight per cent after it announced that it has made the first shipment of magnetite from the Karara iron ore project in Western Australia.

The company said in a statement on Wednesday that it was the first-ever significant shipment of magnetite from Western Australia.

Loading of 55,000 tonnes of magnetite concentrate, was completed in Geraldton on 31 December 2012 and it is now headed for China.

 

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Jason Smith

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