Typically, it is priced at a discount to conventional iron ore.
For this reason, any exporter of titanomagnetite must have a coastal location otherwise the transport costs will kill it.
Balla Balla is probably the only titanomagnetite project in Australia with any hope of exporting titanomagnetite iron ore. Even so, when the iron ore prices re-adjust, it will be a challenge.
PMA are dreaming. What's more their talk of selling the calcine from the kiln is ludicrous. There are mountains of the stuff in South Africa, and if it were viable as an iron ore it would have been processed by now.
The calcine is loaded with salt, which no amount of washing can remove. I'm sure the steelmakers would not be impressed with excess sodium in their furnaces.
Anyway it is entertaining to watch these guys despite the fact that in 50 years, the South Africans and others have been unable to find a use for the calcine.
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