Fastmarkets has amended the index specifications and publication frequency of its -IRO-0013 index for iron ore 66% Fe concentrate, cfr Qingdao, $/tonne and has launched a standalone premium index.
Fortescue Metals Group Ltd has successfully made its first magnetite product, remarkably at first run grade of greater than 68% Fe. Further to the successful production of wet concentrate at the Iron Bridge site, it has now been transported through the 135 kilometre specialist slurry pipeline where dewatering and materials handling …
Prices for seaborne iron ore pellet and concentrate largely fell in the week ended Friday August 6, with demand for high-grade ore weakening further, market sources said.
Magnetite iron ore is often more suitable and preferable for further processing and producing iron ore concentrate and pellets of DR-grade quality," says Basirat.
Iron Bridge Magnetite project (Iron Bridge) to deliver 22 million tonnes per annum (mtpa) of high grade 67% Fe magnetite concentrate product, with first production by December 2022. Strategic investment enabling Fortescue to provide an enhanced product range and increase production and shipping capacity to meet strong customer demand.
Magnetite is an iron oxide mineral that is generally black and highly magnetic. The latter property aids in the beneficiation of magnetite ores. Magnetite contains 72.4% Fe by molecular weight, which is higher than hematite, but magnetite ores having lower ore grade (generally 20-30% Fe) owing to the presence of impurities. This results …
A comprehensive market guide for chrome and chromite including production, production by grade and main trade flows for the key industrial minerals.
Further to the successful production of wet concentrate at the Iron Bridge site, it has now been transported through the 135 kilometre specialist slurry pipeline where dewatering and materials handling occurs at Port Hedland to a high grade magnetite product, ready to be shipped and suitable for steel making.
Then, in the ore concentrate production stage, these crude ores are blended, sent to the dressing plant for beneficiation due to their low ore grade, and finally refined into the final product of iron ore concentrates (or …
The company has been evaluating the market to find out the interest of the other customers to sell pure magnetite concentrate or blend it with lower-grade iron ore, which contains iron below 59%, to achieve higher margins.
Fortescue Metals Group delivers first concentrate at its US$3.9bn Iron Bridge mine, while it remains on track for record iron ore exports.
Platts iodex - iron ore price assessments by S&P Global Commodity Insights provide a comprehensive market overview, giving you the insight you need to make informed decisions.
Other existing pellet suppliers may tweak output and production volumes with investments and licenses, while DRI operators in Algeria plan to expand iron ore processing and pelletizing, investing in dedicated plants and buying in concentrate iron ore from global sources, currently including Mauritania.
The price spread between 65% Fe iron ore and the 62% Fe equivalent declined during June, to a low of around $10 per tonne, with most sources attributing this to the narrower margins earned by steel mills. The 65% Fe derivatives contract on the Singapore Exchange, which was launched in December 2018 and which is settled …
Iron ore concentrates are deep beneficiated iron ore products, used for sintering and blast furnace production, as well as pellet production.
The proposed neural network model, as an alternative to the simulation method, can be used accurately to determine the effects of changes in feed and concentrate grade of Gol-E-Gohar iron ore ...
The process of coal-based direct reduction‒smelting separation for ultra-high-grade iron concentrate consists of two steps. The first is a coal-based direct reduction of the ul-tra-high-grade iron concentrate.
Understanding the high-grade iron ore market. primary-route steel production, the high-grade iron ore market is growing in size and profile. Higher-purity ore types help to reduce emissions from traditional blast furnace ironmaking, while proposed routes to zero-carbon steel production rely on supply of high-grade iron ore.
In recent years, studies based on the reduction-roasting of low-grade iron ore followed by the magnetic separation for the production of the desired grade of magnetite concentrate for making pellets is a hot topic [ 6 ]. Different researchers have studied the reduction-roasting process and reported that it requires above 600 °C temperature to …
This work provides guidance for effectively exploiting and utilizing low-grade laterite nickel ore to produce high-grade ferronickel concentrate with low energy consumption, which is of great significance in maintaining the nickel supply and holds promising potential in the application of blast furnace iron smelting, stainless steel …
The global demand for Soy Protein Concentrate Market is presumed to reach the market size of nearly USD 4.44 Billion by 2032 from USD 2.61 Billion in 2023 with a CAGR of 6.11% under the study period 2024-2032. Soy protein concentrate is a product obtained by processing mature dehulled soybeans to increase its protein concentration and improve ...
The process of making direct reduced iron from low-grade iron sand concentrate has been successfully performed using a gas-fired furnace to simulate real conditions in the industry using tunnel kilns.
The Singapore Exchange (SGX) will launch a high-grade iron ore derivative product to be settled against the daily 65% Fe iron ore index published by Fastmarkets, the exchange said on Thursday October 11.
This confirmed that transformation time mainly affects the recovery rate of iron concentrate, but had a smaller impact on iron grade. If the transformation time was too short, the mineral phase transformation of iron minerals was incomplete.
Iron Bridge, located 145 kilometres south of Port Hedland, will deliver 22 million tonnes per annum of high grade 67% Fe magnetite concentrate. This product enables Fortescue to enter the high iron ore grade market segment providing an enhanced product range while also increasing annual production and shipping capacity.
Special Report: Declining iron ore grades globally and the rising demand from steelmakers for higher grade product is creating the perfect storm for explorers with the goods. In Australia, hematite has been the dominant iron ore mined since the early 1960s, accounting for about 96 per cent of the country's iron ore exports. And since […]
In the dynamic realm of mining, Cyclone Metals astounds as metallurgical tests on its Iron Bear magnetite project yield a world-class direct reduction (DR) magnetite concentrate boasting 70.6% iron.
The Baotou complex iron ore is rich in rare-earth elements. The main rare-earth minerals are bastnaesite and monazite finely intergrown with fluorite, barite and iron minerals. The results of research into the flotation recovery of high-grade rare-earth concentrate from a bulk froth of salt minerals are described. The mechanism of hydroxamic acid adsorption …
"Steel Scrap Markets – a 's Eye View" is a new report commissioned by the London Metal Exchange, designed to give market participants a unique perspective on the highly fragmented and often opaque world of ferrous scrap markets.
Technical-grade lithium concentrates are sold into the glass and ceramic markets. Chemical-grade lithium concentrate is sold to processors for conversion into lithium chemicals.
Most market participants believe that a slight uptick in the iron ore fines segment lent some support to iron ore concentrate and pellet prices.
Iron Bridge will produce 22 million tonnes per annum of high-grade magnetite concentrate, suitable for steel making.
Follow the critical developments impacting iron ore price movements and inform your strategy with Fastmarkets market-reflective iron ore prices. The iron ore industry has a pivotal role in the steel industry's transition to decarbonization. Demand for high-grade iron ore products will continue to grow as steelmakers look to include more low-carbon …
Overall fixed prices for seaborne iron ore concentrates and pellet eased last week because of the downtrend in the high-grade iron ore fines segment, an analyst in Shanghai told Fastmarkets.
Iron Ore 62% Fe, CFR China (TSI) Swa price information, historical data, charts, stats and more.
Iron ore tailings (IOTs) are a form of solid waste produced during the beneficiation process of iron ore concentrate. In this paper, iron recovery from IOTs was studied at different points during a process involving pre-concentration followed by direct reduction and magnetic separation. Then, slag-tailing concrete composite admixtures …
The grade improved substantially from 54.93 to 62%. However, to make the concentrate grade for pellet making, further processing is required. In case of U/F product (Test-1) the desired product is suitable for pellet making directly. No …
The relationship is: That is, the TFe grade is increased by 1%. The SiO 2 content is reduced by 1.26%. The average concentrate grade increased by 1% and the SiO 2 content decreased by 1.28%. The relationship between various gangue components and iron grade is related to the proportion of this component in the gangue composition.
Monthly price chart and freely downloadable data for Iron Ore. Price in Malaysian Ringgit per Dry Metric Ton. 60 month history.
GILBERT, Minn., June 16, 2023 /PRNewswire/ -- MagIron LLC ('MagIron' or the 'Company) is pleased to announce that it has successfully completed an...
