I'm not sure I should be anawering this question for various reasons (the most obvious of which is knowing how both hematite and magnetite ore is processed)
The short answer is that once concentrated, magnetite ore (the one SRN has) can be concetrated up to 67% by filtration, washing and blasting) The best magnetite can be concentrated up to 72%. The cost of this can be retrieved to some degree due to the higher price high grade magnetite gets vs hematite.
Note that HIO has an in ground grade of 17%. (but have much softer and easier to process soil)
Hope that clears that up
I'm not sure I should be anawering this question for...
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