Just to settle your nerves this is snippet on benifacation
You recognise a few big names using similar plants
Concentration includes all the processes that will increase (upgrade) the iron content of an ore by removing impurities. Beneficiation, a slightly broader term, includes these processes as well as those that make an ore more usable by improving its physical properties (e.g. pelletising and sintering). Many of the iron ore mines employ some form of beneficiation to improve the grade and properties of their products. At many operating mines, including Mount Tom Price, Paraburdoo, Mount Whaleback and Christmas Creek, ore processing facilities (OPF) have been constructed to enable beneficiation of low-grade iron ores, including ores which have been contaminated with shale, to be mined and, after upgrading, sold as high-grade products. The operation of the OPFs has also increased the iron ore resources available at these mines.
NSL Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
