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Current magnetite production is a byproduct of the copper operations and as such is recovered from the Concentrator floatation tails stream by magnetic separation. Approximately 15%, by weight, of magnetite is removed by 'cleaning' and 'recleaning' of the magnetic concentrate from the first stage.
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High values of magnetite recovery were achieved at reasonably high material throughput rates with little coal found reporting to the magnetics. A singlestage separator incorporating a new matrix design was used at rates up to tons of solids per hour per square foot of matrix crosssection (300 gpm/ft2).
Upfront capital cost for mines can run anywhere from US160 per metric ton to US240 per metric ton, depending on the type of metallic iron that is economically retrievable at the mining site.
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