HomeFinTechGWR Group: Successfully delivers first iron ore shipment

GWR Group: Successfully delivers first iron ore shipment

  • GWR Group (GWR) has completed the delivery of its first iron ore shipment with Hong Kong trader Pacific Minerals from its C4 iron ore deposit in Wiluna
  • Following the successful 52,425-tonne delivery, the company has secured its second vessel, MV Marinicki, which expected to depart in late March
  • The company has secured a second vessel, which will loaded with high-grade lump and fines ahead of a departure scheduled for later in March
  • Meanwhile, the company increased production at C4 by 30 per cent between January and February 21, this year
  • Crushing has also increased since December and is currently at 90 per cent of full production
  • GWR Group is down 1.82 per cent, trading at 27 cents
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