Magnetite - Ridley

Just been browsing the net - doing my own research. Magnetite is one of our valuable resources.

If anyone is interested take a look at the latest video posted on the Grange Resources website below:

http://www.grangeresources.com.au/

I found this points in the video quite interesting particularly since Grange has been in the iron ore / magnetite industry for quite some time:

- Magnetite is still an emerging industry in Australia. Globally it accounts for approximately 40% of iron ore production.
- with hematite quality declining and available levels of prized lump ore falling steel mills have increasing demand for magnetite ore pellets.

DO YOUR OWN RESEARCH