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Grand River Ironsands is developing an enormous Ironsands resource in north east Canada adjacent to a port. We are fully funded to complete the feasibility requirements to produce 500,000 tpa of high quality pig iron at a production cost less than $200/tonne by 2013. We expect to sell pig iron to markets such as Europe and the USA that are less than 7 days by sea from our port. We will sell a 96-97% Fe grade pig iron with Carbon at 2.5-3.5%
Canada
Mining Company
http://www.grandriverironsands.com
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