Hi (white pointer)Just a matter of how much of the 33% Fe iron...

Hi (white pointer)

Just a matter of how much of the 33% Fe iron ore is left after beneficiation has been done.
Let's say 2.45 billion tonnes at 39%Fe.
After beneficiation they have 980,000,000 tonnes that is a recovery of 40% of iron ore at what ever grade they can achieve.
The above figures are very much what SDL have in Cameroon at present.Their grade is between 65%Fe and 68%Fe after beneficiation in the form of DR sinter feed,Pellet feed and Concentrate.
Their iron ore is different as it is Itabirite like they mine in Brazil.

NSL maybe,could get a higher grade,but at a cost.

Regards
Westcott.