http://en.wikipedia.org/wiki/Magnetite
The magnetite samples have been tested by the Australian Coal Industry Research Laboratories to assess the suitability as a dense media for use in coal washing. The results have shown that the minus 75 micron material is of superior quality for use as a dense media in coal washing and will thus attract the highest selling price from the coal industry.
The minus 250 micron, plus 75 micron size fraction is still being investigated for its market suitability and the samples produced to date have all the attributes required for the steel producing industry.
so Molyhils Magnetite will be used in both coal and steel industry
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