Cashed up Portman ready for expansion

PORTMAN has said it will use existing cash reserves and future cash flows to fund a possible $40-50 million expansion program at its Koolyanobbing iron ore project that will lift production to 8 million tonnes per annum. A decision on the expansion is expected in October.

Cashed up Portman ready for expansion Cashed up Portman ready for expansion Cashed up Portman ready for expansion Cashed up Portman ready for expansion Cashed up Portman ready for expansion

The company has undertaken a scoping study over the last few months to evaluate the optimum level of production for the project and will now conduct a feasibility study on lifting production from its

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