MFE 0.00% 1.0¢ magnetite mines limited

RogarDont get confused with the type of ore they are...

  1. 25 Posts.
    Rogar
    Dont get confused with the type of ore they are targeting
    Hematite ore generally needs to be over 60% to be a DSO
    (direct shipping)and normally only needs to be crushed and
    screened (WPG)
    ROY are Targeting magnatite ore and anything around 30% is good,but this requires the ore to be processed more on site
    to get the iron ore content above 60%.(magnetic separation etc) This process obviously costs more to produce but they normally get a better price for the ore.
 
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