Magnetite Mines has named Japanese metals and mineral resources trader Mitsubishi Corporation RtM as the likely fourth offtake partner for its South Australian Magnetite Consortium. The LOI signed this week commits them to negotiate to buy 1Mtpa of iron ore concentrate for pelletising.
After 20 years practice, Xinhai Magnetite Separation Production Line reduces the production line cost by improving separation equipment.
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Magnetite Mines Limited is a mineral exploration company exploring for iron ore and copper in South Australia and for iron, gold and uranium in the Northern Territory. Their main focus is the Mawson Iron Project (MIP), a very large magnetite province located 240km NNE of Adelaide, South Australia owned and operated by Magnetite Mines ...
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