Believers do not understand complexity of magnetite ore concentration/beneficiation, however I would not put magnetite concentrate, 67% Fe product, in the fantasy land. Cheaper energy, say by the factor of two and magnetite IO with the right mechanical property is a goer. It is done in many countries. Technologically we are backward and everything a little bit more complex is just beyond us.
Believers do not understand complexity of magnetite ore...
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