MarketOpen Trading Titan | Macro Metals (ASX:M4M) | Yandi South Iron Ore Project Acquisition Macro Metals (ASX:M4M) has executed a binding agreement to acquire 100% of the Yandi South Iron Ore Project in Western Australia, located approximately 5km southeast of BHP's Yandi operation and sharing a boundary with Rio Tinto's Yandicoogina Mine. This episode covers the acquisition terms, historical resource estimate, exploration results, magnetite testwork and the company’s planned next steps for the project. Key facts covered in this episode: Acquisition of three granted exploration licences covering approximately 56km², with applications lodged for an additional 46km² of exploration tenure adjacent to the project. Total consideration of A$6.5 million plus a tiered royalty structure of 3% of sale proceeds on the first 4.275Mt sold, increasing to 5% o ...