Macarthur Minerals Ltd (ASX:MIO) (CVE:MMS) general manager and company secretary Andrew Bruton talks to Proactive about its next steps in moving from explorer to producer at the Lake Giles Iron Project in Western Australia.
Bruton said the company was moving into the bankable feasibility study (BFS) phase ahead of bringing the project to market.
The Lake Giles project includes the 80 million tonnes Ularring hematite resource, which is approved for development, and the 710 million tonnes Moonshine magnetite resource, which is Macarthur's primary focus.