HIO 3.23% 3.2¢ hawsons iron ltd

Manza. You don't get it. There are plenty of ore bodies like hio...

  1. 934 Posts.
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    Manza. You don't get it. There are plenty of ore bodies like hio has, that are soft magnetite. Years ago no one even looked at them. As they were not economic compared to traditional hermitite and hard rock high grade magnetite. Its only because of iron ores high prices of late, are people talking about soft magnetite. And this notion of saying soft magnetite is environmental. Is plain false. The environmental foot print soft magnetite leaves is staggering compared to other iron ore sources. Imagine saying you have to dig up 7 times more iron ore tonnes, to make the equivalent of one tonne of existing iron ore sources. The extra scaring of the earth, the extra waste you have to dispose off, extra electricity required, water, extra fuel used, chemicals required, etc Thats not environmental at all. Your ruining the environment at the mine gate, to save a few environmental points at the smelter
    Last edited by Daz08: 31/12/21
 
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