Carpentaria targeting lower capex

CARPENTARIA Exploration is looking at a 5 million tonne per annum magnetite development at its Hawsons project that could cost less than $A1 billion and as such would be “eminently financeable”.

Carpentaria targeting lower capex Carpentaria targeting lower capex Carpentaria targeting lower capex Carpentaria targeting lower capex Carpentaria targeting lower capex

Speaking at the Mining 2016 Resources Convention in Brisbane this week, Carpentaria managing director Quentin Hill indicated the potential use or acquisition of spare pelletising capacity at Whyalla