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Ann: Results of Annual General Meeting , page-53

  1. walbrook
    27,706 Posts.
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    01/12/11
    22:30
    Post #: 9378581

    "Magnetite is the highest grade commercial Iron ore mineral, so it's blended with other ores (Haematite for example) to increase the average iron content(Fe)"

    Sorry but I'm a little confused here, I am under the impression that Magnatite is a lower grade mineral 25 - 30% Fe
    and Hematite the richer grade(63% as in SDL's case) then you have Itabrite around 30% as well.

    Cheers
    AVB Price at posting: 9.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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