Just been browsing the net - doing my own research. Magnetite is one of our valuable resources.
If anyone is interested take a look at the latest video posted on the Grange Resources website below:
http://www.grangeresources.com.au/
I found this points in the video quite interesting particularly since Grange has been in the iron ore / magnetite industry for quite some time:
- Magnetite is still an emerging industry in Australia. Globally it accounts for approximately 40% of iron ore production.
- with hematite quality declining and available levels of prized lump ore falling steel mills have increasing demand for magnetite ore pellets.
DO YOUR OWN RESEARCH
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