GBG gindalbie metals ltd
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  1. hewjet
    813 Posts.
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    28/12/12
    13:03
    Post #: 11231698
    HWS it is a problem in controlling grade of water in IO.

    DSO is only crushed, not ground using water as I understand. IO directly out of the ground contains around 10% water. GBG then processes the magnetite using water.

    The better question is how the drenched magnetite is to be dried out. I have no figures from GBG on water content but am using industry figures from other producers and shipping Iines.

    GBG Price at posting: 25.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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