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The main constraint is the position of the iron ore relative to market, the cost of rail infrastructure to get it to market and the energy cost required to do so. Mining iron ore is a high volume low margin business, as the value of iron is significantly lower than base metals.

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early 2013, production rates will gradually increase to 6 million tonnes per annum of ore at full capacity. Processing Copper and gold are recovered from the ore using traditional grinding and flotation methods in the EHM concentrator. Magnetite is liberated during this process and the magnetite …

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The main iron mineral in magnetite ore is the ferrous iron oxide magnetite (Fe 3 O 4). Magnetite ore requires complex processing to separate magnetite minerals from other minerals in the ore to produce an almost pure magnetite concentrate with an iron content of between 68% Fe and 70% Fe that is highly sought after by steel makers.

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Iron ore is a mineral which is used after extraction and processing for the production of iron and steel. The main ores of iron usually contain Fe2O3 (70 % iron, hematite) or Fe3O4 (72 % iron. magnetite).

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iron ore production increased by 65% in 2011 compared with 2010 China was the ore mined in the United States, contains hematite and magnetite in varying The anticipated cost of the expansion was $800 million with the Iron Ore Team, 2011, Vale constructs iron ore transshipment hub in Malaysia: Iron Ore