[GET it solved] Monalco Mining is one of the world's largest iron ore …
As you know, we purchased these ore crushers as part of Monalco's Capital Expenditure. 2(CAPEX) enhancement initiative when ore prices for iron averaged ~ $110/ton. With. 2 Capital Expenditure (CAPEX) refers to the capital or money that is spent to acquire, upgrade and maintain physical assets such as property, buildings, industrial plant ...