Australian refractory industry development

Research shows that in the 12 years of this project, if the price of magnesium carbonate in magnesite is set at $105 per ton, it will generate $61.36 million to $614.2 million. Pre-tax income. In addition, capital expenditures are estimated to be reduced to 2.4 million to 2.5 million US dollars. These results are based on a conceptual mine that produces at different mine production levels: an annual output of 375,000 tons, an annual output of 750,000 tons and an annual output of 1 million tons. Korab negotiated with three potential contracting partners and in March 2018 terminated an initial framework agreement to purchase 300,000 tons per year for five years, which was immediately considered to be lower than the current market procurement level and expected better. transaction. Although it is normal to calcine raw magnesium in a place close to resources (so that it does not need to transport tons of water), it is not a normal period. Several companies prefer to ship them to other locations for high temperature processing.