5
CONCLUSION
The new magnetic drum technology offered to the indus-
try has been proven in the field in another more recent
project where 20 dry drums were installed in a newly
commissioned Magnetite mine in Western Australia, and
16 dewatering drums were installed at the port facility to
dewater the slurry that pumped 180kM.
The technology can help provide significant power sav-
ings in the grinding circuit when processing magnetite ores,
which are highly cost-sensitive projects due to factors such
as Iron Ore price volatility. To be able to remove up to 40%
gangue material from the grinding circuit is significant. The
technology offers substantial cost savings in energy and,
additionally, when considering the savings provided around
hidden installation costs.
Although this paper has been aimed specifically at
magnetite processing the technology can be applied and
will work on any ferromagnetic material such as cobalt and
nickel.
REFERENCES
[1] Brosnan, Gemma (2023) “Water Supply Exclusive
Negotiation Rights Secured” Magnetite Mines, ASX
Announcement, Sept. https://www.investi.com.au
/api/announcements/mgt/7fd82859-567.pdf.
[2] Allen, Marc (2021) “Mining Energy Consumption
2021” https://www.ceecthefuture.org/resources
/mining-energy-consumption-2021.
[3] Horvitz, Gary (2023) “The Global Energy Transition:
Critical Minerals &Water Scarcity” Resilian.Org,
Sept. https://www.resilience.org/stories/2023-09-28
/the-global-energy-transition-critical-minerals-water
-scarcity/
CONCLUSION
The new magnetic drum technology offered to the indus-
try has been proven in the field in another more recent
project where 20 dry drums were installed in a newly
commissioned Magnetite mine in Western Australia, and
16 dewatering drums were installed at the port facility to
dewater the slurry that pumped 180kM.
The technology can help provide significant power sav-
ings in the grinding circuit when processing magnetite ores,
which are highly cost-sensitive projects due to factors such
as Iron Ore price volatility. To be able to remove up to 40%
gangue material from the grinding circuit is significant. The
technology offers substantial cost savings in energy and,
additionally, when considering the savings provided around
hidden installation costs.
Although this paper has been aimed specifically at
magnetite processing the technology can be applied and
will work on any ferromagnetic material such as cobalt and
nickel.
REFERENCES
[1] Brosnan, Gemma (2023) “Water Supply Exclusive
Negotiation Rights Secured” Magnetite Mines, ASX
Announcement, Sept. https://www.investi.com.au
/api/announcements/mgt/7fd82859-567.pdf.
[2] Allen, Marc (2021) “Mining Energy Consumption
2021” https://www.ceecthefuture.org/resources
/mining-energy-consumption-2021.
[3] Horvitz, Gary (2023) “The Global Energy Transition:
Critical Minerals &Water Scarcity” Resilian.Org,
Sept. https://www.resilience.org/stories/2023-09-28
/the-global-energy-transition-critical-minerals-water
-scarcity/