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Macarthur Signs MOU With Southern Ports Authority for Access to Port of Esperance
Macarthur Minerals Limited is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with Southern Ports Authority (“Southern Ports”) which provides a pathway for agreeing a potential access and operating solution for the export of Macarthur’s high grade magnetite iron ore product via the Port of Esperance (“Port”).
The MOU with Southern Ports is non-binding but it does establish a clear pathway for:
Highlights
• The Port of Esperance is an established deep water port located south of Macarthur’s Lake Giles Iron Project. It is accessible via an existing rail network and has the capability to handle large ‘Cape’ size iron ore vessels.