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0.00% 0.6¢ sundance resources limited

itabirite haematite vs magnetite, page-2

  1. longjohn99au
    176 Posts.
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    23/05/08
    14:06
    Post #: 3757314
    IMO: ARH and GBG are very similar, majority of ore resource is magnetite. Production is reasonably cheap in comparison to Itabirite but nothing beats hematite.

    Hematite -----> Blast -----> Ship

    Magnetite-----> Blast -----> Crush ----> Magnetic Separation -----> Concentration ----> Pelletised ---->Ship

    Itabirite-----> Blast -----> Crush ----> Grind ----> Flotation -----> Pelletised -----> Ship

    Grinding and flotation are additional costs in comparison.

    Brazil IO are mostly of this type, and they supply the world. SDL can do too.

    I have faith that SDL has more hematite to declare.
    SDL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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