There is absolutely nothing in the document that you provide a link to about Magnetite Mines deposit and certainly nothing to suggest its concentrate will not be viable.
Here is the the table of impurities after concentration before any improvements provide by Next Ore.
https://stocknessmonster.com/announcements/mgt.asx-6A1010360/
https://stocknessmonster.com/announcements/mgt.asx-6A790154/
Good luck all.
Ann: Razorback Iron Ore Project Mineral Resource Upgrade, page-92
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