australian article, page-37

Hi (Westcott),

let say, with a weight recoveries of 40+%, a beneficiation of 2,300MT Itabirite would result in around 1 Billion tonnes of +65Fe concentrate (high grade product).

So with an estimates of 5 Billion tonne of Itabirite, we would have around 2 Billion tonnes of High grade, after beneficiation.

We'll end up with an estimates of 2.5 Billions tonnes of High Grade (500MT DSO with +60Fe + 2 Billion tonnes with +65Fe concentrate).

Is it Right? Again this is our assumption.

Thanks,
Cheers