Korab gets export capacity at Darwin

Diversified explorer Korab Resources has inked a non-binding heads of agreement (HoA) with the Darwin Port operator to export some 500 000 t/y of magnesite rock through the port. The HoA included sub-leasing of the land, access to various port facilities, the use of loaders and other equipment, and provided the basis for the final port agreement that would allow for exporting the magnesium carbonate rock through Darwin.