CWRN's 2 43.5 ton cat 740's- CATS (and worlds?)
Post# of 8054
CWRN's 2 43.5 ton cat 740's- CATS (and worlds?) largest articulated haulers in July I believe. Lots of things no doubt going on at mine. Rocket reported last week that trucking would probably commence this week -presumably for the ca 75k tons of.5-1mm sinter fines processed by the trommel. Sinter fines usually fetch ca 85% of regular ore.
Last we publicly heard the next ship was expected in August.
We also wait news on whether the govt has released the ca 45k tons currently at port -which remained after the Qin Hai left w 43829 tons June 12
While prices are temporarily depressed I wonder whether they will then focus more on the ca 125 k tons of fertilizer processed by the trommel. CWRN previously reported an offer for 90/ton as is for the fertilizer. CWRN also previously reported a possible JV w OMRI the largest organic fertilizer distributor for an on site plant to further process fert for a possible 330-550 /ton. So we await developments on that front also.
Meanwhile production continues(6-25-12 PR) as it has ever since fall of 2010 and the waste product resulting from that production continues to increase also-logic etc.