Early Production of High Grade Ore Staged production of 35 Mtpa of DSO quality/concentrate products Blended high grade (60% Fe) DSO quality production for up to first 10 years of operation* Highest margin product during infrastructure payback period Two transport infrastructure options rail or slurry pipeline Value Focused Production Plan
Iron Ore Mines. IMR Metallurgical Resources SA de CV operates our Iron Ore assets in Sinaloa and Michoacn. It has produced and exported 2 million MT of high grade iron ore. Present focus is on exploring mining prospects in the Pinal and La Aventura project, located in
Two product streams Dry screened ore with ~ 60% Fe produced seasonally and Processed ore with 64.5% Fe produced year round. Processing plant housed under a weather proof structural dome. Eventual production capacity of 6 Mtpy, made up of 4.2 Mtpy processed ore and 1.8 Mpty screened ore.
Iron ore is a mineral substance which, when heated in the presence of a reductant, will yield metallic iron (Fe). It almost always consists of iron oxides, the primary forms of which are magnetite (Fe 3 O 4) and hematite (Fe 2 O 3). Iron ore is the source of primary iron for the world's iron and steel industries.
Canada produces over 30 million tonnes of iron ore annually, most of which is exported, placing Canada well in the top ten largest exporters of iron ore globally. Canadian produced iron ore is generally recognized as being of a high quality and is sought after by steelmakers globally.
The three largest iron ore companies, Vale, Rio Tinto and BHP Billiton increased their control over global iron ore production to 35.4 % in 2009 (34% in 2008). The "Big Three" control 61% of the world seaborne trade of iron ore. New iron ore mining capacity taken into operation in 2009, reached almost 75 million metric tonnes globally.
Its teams deployed from offices in these regions allow it to conduct quality assurance and control operations on both mainstream products (Pilbara Blend, Carajas, Yandi, Brazilian Ore and Super Special fines) and non mainstream products (Mexican ores, Malaysian ores, Indonesia iron sand and Philippines iron sand).
Iron Ore Assessments. IOMGD00 1% Fe Differential (Range 60 63.5% Fe) Platts 1% Fe differential is reflective of the value of 1% Fe in fines within the 60 63.5% Fe range. Its value is determined by comparing spot transactions of fines within the 60 63.5% Fe range.
Iron ores that contain less than 50 percent iron are usually concentrated (to 60 percent iron) by magnetic separation or gravity dressing. Powdery and sulfurous (> 0.3 percent sulfur) rich ores, as well as beneficiation concentrates, are made into lumps by sintering; so called pelleted iron ore
A producer that converts iron ore into semi finished or finished steel products. Traditionally, this process required coke ovens, blast furnaces, steelmaking furnaces and rolling mills. A growing number of integrated mills use the direct reduction process to produce sponge iron
Mar 23, 2018Vale is the best play to benefit from this trend. The company is one of the most efficient producers of high quality iron ore with a well diversified portfolio and a mining project that will not only further increase margins but also the company's ability to service overseas demand.
Iron ore price It's all about grade now. Between 20% 30% of mines in China have closed down, according to the China Metallurgical Mining Enterprise Association. According to Credit Suisse 62% equivalent domestic production will decline 16% to 310 million tonnes this year and drop again in 2015 to 275 million tonnes.
One of several substitutes for high quality, low residual scrap for use in electric furnace steelmaking. Iron carbide producers use natural gas to reduce iron ore to iron carbide. Iron Ore. Mineral containing enough iron to be a commercially viable source of the element for use in steelmaking.
iron ore product quality deteriation as high quality reserves are depleted global steel industry consolidation as well as policy induced consolidation of Chinese steel mills. The iron ore industry is characterized by high barriers to entry due to the extensive infrastructure required to transport bulk commodities to market.