# iron ore magnetic separator cost

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### Magnetite Ore, Magnetite Iron Ore, Iron Ore Mining Process

Magnetite ore is a ferromagnetic material, with the chemical formula Fe3O4, and is one of several types of iron oxide. It is a ubiquitous mineral in many parts of the world, including Australia, the USA, Canada, South Africa, Mozambique and many other countries across most of the world's continents.

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Beneficiation of Iron Ore and the treatment of magnetic iron taconites, stage grinding and wet magnetic separation is standard practice. This also applies to iron ores of the non-magnetic type which after a reducing roast are amenable to magnetic separation.

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### Iron ore - Wikipedia

Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel. Indeed, it has been argued that iron ore is "more integral to the global economy than any other commodity, except perhaps oil".

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High grade concentrates and high recovery of iron ore can be achieved using effective feed preparation systems (typically controlled crushing, screening, milling, classification and slimes removal) in combination with cost effective, efficient metallurgical separation.