important take away, syrah, is that magnetic rich mineralisation, can be upgraded by magnetic separation to produce a concentrate that is 8-11 x head grade.
If Nicanda Hill is similar to SYR mineralisations, gives us very high grade tailings easily upgradable before chemical processing to produce the end product.
I would have thought the expensive part of opex, would be the chemical usage, etc, so being able to upgrade the feedstock beforehand will improve economics.
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