Mineral sands company MZI Resources is now months away from first production and should be making its first sales early next year. With the goal to make MZI Australia’s next mineral sands producer from the Keysbrook project by December of this year, the project is clearly on track. According to The Australian, the Keysbrook project—which is located just south of Perth—is expected to generate an earnings margin of more than 50 percent—and that’s before interest, depreciation and amortisation fit into the picture. The project is set to generate approximately $38.5 million a year at current spot prices and is expected to rise as the project progresses.
http://allforcelaboursolutions.com.au/perth-recruitment-agencies-mineral-sands-player-set-to-make-it-big/
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