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Once the ore is mined, it's transferred to a processing plant for electrolytic processing or smelting. Prior to the development of advanced technology mining equipment, freeing manganese from open pit rock beds required a lot more manpower and time.
Pelletizing is the process of compressing or molding a material into the shape of a pellet.A wide range of different materials are pelletized including chemicals, iron ore, animal compound feed, and more.
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Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.). Global economic growth is the primary factor that drives its supply and demand. When economies are growing, the need for steel in construction increases which drives the price up.
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The price of a dry tonne of iron ore is calculated by multiplying the price per dry mtu of iron (ie 10kg of iron) by the per cent content of iron in the ore, times 100. For example, if the price of iron ore fines is 97/Fe dmtu, then the value per tonne of ore at 62% Fe content is 97 x 100 x 62% = 6014 or US$60.14/t.
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Plant Identification and Key Prices 2 Plant Data 3 International Prices 4 Industry Standards 4 CALCULATED RESULTS 5 Table 2 Surface Mining Processing Costs Iron Ore Mine Data 2.1-2.48 Total length of this section 87 pages.
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