"The Cyclomag has been developed by IMP Technologies in South Australia and works in conjunction with the company’s Super-Fine Crusher to deliver enhanced iron content with fewer impurities"
Arrium Mining person speaks at the 1.20 minute mark on the above video. He seemed impressed by the results.
"Designed and constructed in South Australia, new super-fine crushing technology was revealed last month in a launch ceremony attended by government delegates and representatives from local resources companies including BHP Billiton, Arrium [Mr Gupta's company] and Nyrstar".
Super-Fine Crusher: if it can be commercially scaled up to a projected 120 tonnes per hour of ultra-fine output (see attached PDF above), Mr Gupta could use it at Maldorky and Grants (and the Grants Iron Ore Basin) to enhance the Fe concentrate % prior to shipping it.
Cheers
These are only my random (weekend) thoughts and it does not constitute investment advice. Before acting on any information you read and before making any financial or investment decisions, you should always consult your advisor(s) or other relevant professional experts.
HAV fanboy: still drinking the Kool-Aid
HAV Price at posting:
23.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)