I worked at a magnetite mine for around 10years. We processed our ore through a mill on site and trucked the finished product to a port close by to be loaded into a ship.
-Blasted ore was crushed and stacked into high grade and low grade piles.
-Ore was then loaded into feed bin at a ratio say 2-1
-feed bin fed into a ball mill then pumped to screens and cyclones to get required particle size.
-slurry then passed through magnetic seperators/ hydrocyclone to clean product and get to determined iron ore %
-then dried out through a filter to a moisture content below 9% ( this is critical for transport )
then as i said trucked to port and loaded onto a ship.
obviously there is a fair bit more involved but this was the nuts and bolts of it
MGT
magnetite mines limited.
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Last
8.7¢ |
Change
0.003(3.57%) |
Mkt cap ! $10.66M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 8.7¢ | $3.654K | 42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3798 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 206026 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3798 | 0.087 |
1 | 30000 | 0.085 |
3 | 252995 | 0.083 |
2 | 24833 | 0.082 |
2 | 153712 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 206026 | 2 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 1200 | 1 |
0.099 | 20000 | 1 |
Last trade - 15.32pm 07/08/2025 (20 minute delay) ? |
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