The 400,000 square kms (248,000 sq miles) expanse is the sixthbiggest economy in Australia and produces 90 percent of the country's iron ore exports worth 40 billion last year.
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BIF is used by the world's steel producers (eg. US, Russia and China) but transport costs has precluded their export or use in Australia. While BIF has a low iron content with its magnetic iron ore (magnetite), it can be readily enriched from 32 per cent iron to 70 per cent.
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Optimization of the plant design and the layout resulted in a 20% reduction of the Feasibility Study CAPEX and a 20% increase in processing capability. The Feasibility Study was awarded based on Ausenco's ability to optimise iron ore plant design to reduce CAPEX and OPEX costs.
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"Sino Iron Power Plant" The Sino Iron project is a largescale magnetite iron ore processing facility located at Cape Preston, Western Australia (about 100km from Karratha). The project has access to 2 billion tons of iron ore
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The country counted once among the 20 largest exporters of iron ore. In 2010 only 1,500,000 MT of iron ore from Indonesia were exported. And this even though iron ore from Indonesia offers an excellent quality which is comparable to the qualities of the materials mined in Brazil or Australia.
Vale SA (NYSE:VALE) cut the ribbon on a massive iron ore mine in Brazil on Saturday – the largest in its history and what the world's largest iron ore producer says is the biggest ever in the ...
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In order to maximize the quality of mined iron ore product, processing is typically carried out on all ore mined. This is a relatively simple process compared to other commodities, and often only involves a "crush and screen" operation in order to separate the mined material into lump and fines iron ore .
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