Magnetite Mines Ltd (ASX:MGT) CEO Tim Dobson tells Proactive the company has recently made a proposal to the South Australian Government to access a discarded Murray Basin wastewater source for use in magnetite processing at its flagship Razorback Iron Ore project. He says they have now received approval for a 6-month exclusive negotiation period for the proposal. The wastewater source is one of two water supply options with the potential to supply the planned 5 million tonnes per annum operations at Razorback.
Magnetite Mines secures exclusive negotiating rights for Razorback water supply
