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Magnetation (iron Ore)
Magnetation is the processing of iron ore tailings, the waste product of iron ore mines, to recover hematite. Crushed mine tailings are mixed with water to create a slurry; the slurry is then pumped through magnetic separation chambers to extract hematite. Commercial interest in this process stems from the possibility of extracting additional iron from tailings supplied by existing mines, increasing their yield."The Next Iron Rush"
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Iron Ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, or deep purple to rusty red. The iron is usually found in the form of magnetite (, 72.4% Fe), hematite (, 69.9% Fe), goethite (, 62.9% Fe), limonite (, 55% Fe) or siderite (, 48.2% Fe). Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as "natural ore" or "direct shipping ore", meaning they can be fed directly into iron-making blast furnaces. 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. In 2011 the ''Financial Times'' quoted Christopher LaFemina, mining analyst at Barclays Capital, saying that iron ore is "more integral to the global economy than any other commodity, except perhaps oil". Sources Metallic iron is virtually unknown on ...
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Waste
Waste (or wastes) are unwanted or unusable materials. Waste is any substance discarded after primary use, or is worthless, defective and of no use. A by-product, by contrast is a joint product of relatively minor economic value. A waste product may become a by-product, joint product or resource through an invention that raises a waste product's value above zero. Examples include municipal solid waste (household trash/refuse), hazardous waste, wastewater (such as sewage, which contains bodily wastes ( feces and urine) and surface runoff), radioactive waste, and others. Definitions What constitutes waste depends on the eye of the beholder; one person's waste can be a resource for another person. Though waste is a physical object, its generation is a physical and psychological process. The definitions used by various agencies are as below. United Nations Environment Program According to the Basel Convention on the Control of Transboundary Movements of Hazardous Wastes a ...
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Hematite
Hematite (), also spelled as haematite, is a common iron oxide compound with the formula, Fe2O3 and is widely found in rocks and soils. Hematite crystals belong to the rhombohedral lattice system which is designated the alpha polymorph of . It has the same crystal structure as corundum () and ilmenite (). With this it forms a complete solid solution at temperatures above . Hematite naturally occurs in black to steel or silver-gray, brown to reddish-brown, or red colors. It is mined as an important ore mineral of iron. It is electrically conductive. Hematite varieties include ''kidney ore'', ''martite'' (pseudomorphs after magnetite), ''iron rose'' and ''specularite'' (specular hematite). While these forms vary, they all have a rust-red streak. Hematite is not only harder than pure iron, but also much more brittle. Maghemite is a polymorph of hematite (γ-) with the same chemical formula, but with a spinel structure like magnetite. Large deposits of hematite are found in ...
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Slurry
A slurry is a mixture of denser solids suspended in liquid, usually water. The most common use of slurry is as a means of transporting solids or separating minerals, the liquid being a carrier that is pumped on a device such as a centrifugal pump. The size of solid particles may vary from 1 micrometre up to hundreds of millimetres. The particles may settle below a certain transport velocity and the mixture can behave like a Newtonian or non-Newtonian fluid. Depending on the mixture, the slurry may be abrasive and/or corrosive. Examples Examples of slurries include: *Cement slurry, a mixture of cement, water, and assorted dry and liquid additives used in the petroleum and other industries *Soil/cement slurry, also called Controlled Low-Strength Material (CLSM), flowable fill, controlled density fill, flowable mortar, plastic soil-cement, K-Krete, and other names *A mixture of thickening agent, oxidizers, and water used to form a gel explosive *A mixture of pyroclastic material, ...
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Iron
Iron () is a chemical element with symbol Fe (from la, ferrum) and atomic number 26. It is a metal that belongs to the first transition series and group 8 of the periodic table. It is, by mass, the most common element on Earth, right in front of oxygen (32.1% and 30.1%, respectively), forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust. In its metallic state, iron is rare in the Earth's crust, limited mainly to deposition by meteorites. Iron ores, by contrast, are among the most abundant in the Earth's crust, although extracting usable metal from them requires kilns or furnaces capable of reaching or higher, about higher than that required to smelt copper. Humans started to master that process in Eurasia during the 2nd millennium BCE and the use of iron tools and weapons began to displace copper alloys, in some regions, only around 1200 BCE. That event is considered the transition from the Bronze Age to the Iron A ...
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Fortune (magazine)
''Fortune'' is an American multinational corporation, multinational business magazine headquartered in New York City. It is published by Fortune Media Group Holdings, owned by Thai businessman Chatchaval Jiaravanon. The publication was founded by Henry Luce in 1929. The magazine competes with ''Forbes'' and ''Bloomberg Businessweek'' in the national business magazine category and distinguishes itself with long, in-depth feature articles. The magazine regularly publishes ranked lists, including the Fortune 500, ''Fortune'' 500, a ranking of companies by revenue that it has published annually since 1955. The magazine is also known for its annual ''Fortune Investor's Guide''. History ''Fortune'' was founded by ''Time (magazine), Time'' magazine co-founder Henry Luce in 1929 as "the Ideal Super-Class Magazine", a "distinguished and de luxe" publication "vividly portraying, interpreting and recording the Industrial Civilization". Briton Hadden, Luce's business partner, was not enthu ...
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