Mar 04, 2019· Sorting of ore to increase grade and reduce subsequent processing and transport costs, and; Sorting of ore to bring forward cash flow. Guthrie said: "The first case adds value to the project by conversion of waste to ore. On this basis, recovery is not critical and the value of the recovered material needs to cover processing costs plus margin.
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Get PriceJul 14, 2020· Given that the biggest miners produce iron ore at a cash cost of around $13/t that latest price implies a gross profit margin, before accounting and other charges, of close to 700%.
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