MIO 11.8% 5.7¢ macarthur minerals limited

Ann: Fourth Quarter Update 2021, page-7

  1. 61 Posts.
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    Chasing the DRI is the right thing.

    It is important to note historically no DRI grade from Australia. The problem to get from 5% gangue to less than 3% as required often means exponentially more grinding and less yield as some magnetite just won’t separate.

    look for less than 3% silica plus alumina, probably then needs 68.5%fe. anything else as DRI is outside the midrex module feed spec.

    i will be looking for it
 
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