ARH australasian resources limited

citic, page-4

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    Magnetite is one of the principal ores of iron and the
    most magnetic of all the naturally occurring minerals
    on earth. Its magnetic properties allow it to be readily
    refined into an iron ore concentrate for use in steel
    making. In the conversion process, significantly less
    carbon dioxide is produced than with other iron ore
    types, making magnetite increasingly desirable in this
    era of environmental awareness.
    The iron ore products from the Sino Iron project will
    be suitable for specialty steel making where customers
    are seeking low levels of phosphorous and alumina.
 
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