Magnetite Iron Ore News Investing News Network

Magnetite Mines says Australia must act now to create …

The company has a -owned mineral resource of 6 billion tonnes of iron ore and is developing the Razorback Iron Ore Project, 240 kilometres from Adelaide, to meet accelerating market demand for premium iron ore products being created by iron & steel sector decarbonisation, with the potential to produce high-value Direct Reduction …

Magnetite Mines signs green iron supply deal with JFE Shoji …

Magnetite Mines and JFE aim to finalise a definitive agreement by January 31, 2025. "Over the past year, Magnetite Mines has established a strong relationship with JFE Shoji Australia Pty Ltd, which is a part of Japan's JFE Group," said Magnetite CEO and managing director Tim Dobson.

Magnetite Exploration Target in Whaleshark

Pyrometallurgy is employed for copper ore that is sulfide rich, while hydrometallurgy is used when the ore is oxide rich. The Investing News Network's guide on copper refining goes into further ...

Razorback Iron Ore Project | Magnetite Mines

Discover Magnetite Mines' flagship Razorback Iron Ore Project, poised to produce high-grade and DR-grade iron ore for low-carbon and zero-carbon steel production. Owned by ASX-listed Magnetite Mines Limited, the project boasts 2 billion tonnes of Probable Ore Reserves and 3.2 billion tonnes of Mineral Resources. Located near Adelaide with …

Cyclone Metals acquires magnetite iron ore project in …

The Labrador Trough is one of the largest iron ore belts in the world and accounts for 99% of Canada's iron ore. Valued at US$23 billion in 2021, the global magnetite iron ore market is expected to expand at a compounded annual growth rate of 5.43% from 2022 to reach US$31.6 billion in 2027. Block 103 location map. Tremendous …

Cyclone Metals (ASX:CLE) Investor Overview | INN

The world class Iron Bear iron ore project has an indicated and inferred mineral resource of 16.6 billion tons containing 29.3 percent total iron and 18.2 percent magnetic iron (JORC and NI 43-101 ...

Iron Ore Magnetite 2022 | INN

Read about the latest news & greatest stories on iron ore magnetite. On InvestingNews.com you'll find everything you need to know about iron ore magnetite.

How to Invest in Iron Ore

The country's iron ore production came in at 880 million metric tons of usable iron ore in 2022, or 540 million metric tons of iron content, according to the US Geological Survey.

Magnetite Mines tops up 'Green Iron' war chest with $1.17 …

"We truly appreciate your support and recognition of the unprecedented opportunity for Magnetite Mines to become a major iron ore player and key enabler of Australia's emerging Green Iron industry." In connection with the offer, the company will issue 3,769,666 new fully paid ordinary shares.

Magnetite Mines undertaking rights issue to raise $6.2 …

Premium-grade iron ore key to green iron future. Magnetite CEO Tim Dobson said: "Strategic partner interest has never been stronger in our Razorback Iron Ore Project and this has aligned with the South Australian government currently establishing a new 'green steel' strategy to take full advantage of the state's renewable energy and ...

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Feb 2 (Reuters) - Apollo Global Capital Inc APL.PS: * JDVC RESOURCES CORP IS READY TO COMMENCE PRODUCTION OF MAGNETITE IRON ORE THIS FEBRUARY 2021 Source text for Eikon: ID:nPSX8qrtrw

Magnetite Mines enhances 'Green Iron' strategy through …

Magnetite Mines Ltd (ASX:MGT) has taken another important step in developing a 'Green Iron' industry in South Australia by signing a Memorandum of Understanding (MoU) with Australian renewable energy company ZEN Energy. This agreement provides the framework under which the parties will work ...

Magnetite: South Australia's potential | Energy & Mining

The iron oxide mineral magnetite as Fe 3 O 4 has a mass percent of 72.36% Fe and 27.64% O and typically occurs as a natural ore containing 15–40% Fe. Historically hematite direct shipping ore (DSO) has been the preferred source of iron ore globally, with significant resources located on several continents, including Australia in the Hamersley …

Finance News Network – Magnetite Mines developing high-grade iron ore

Mark Eames: The recent Glasgow Climate Conference, there was a commitment to phase out coal for power generation, and that's significant for iron ore because, as many people know, iron ore depends on coking coal currently to be smelted into iron and therefore steel. So, essentially, Australia's iron ore exports depend in …