06
Feb
15:42
Vale to build dry processing plant by 2022
Brazil’s Vale expects its industrial plant for dry magnetic concentration of low-grade iron ore to be operational in 2022, says the miner in note monitored by Kallanish.
The so-called Fines Dry Magnetic Separation (FDMS) technology is unique and has been developed by Vale subsidiary New Steel.
The annual capacity of the plant, which is expected to be installed in Minas Gerais, will be 1.5 million tonnes of iron ore. Vale estimates that 1% of the company…
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Anonymous
Very good overview of the weekly steel market.
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