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Many years ago, here in Oz, Bruce Bertram of "Bertram Brass" fame was offering 147gn .321-ish, FB-FMJ bullets that had been REFORMED from Oz 7.62 NATO bullets. All it takes is a supply of .308...

"Can't use expanding ammo on MoD ranges"?

Like 40mm grenades , for instance? Now, there is a proper, shoulder-fired "expanding round".

81mm mortar, 66mm and 84mm AT weapons? The Armoured Corps...