Our product - Cape Preston Concentrate
Magnetite concentrate from Sino Iron, Cape Preston Concentrate, is a premium iron ore product with high grade and lower impurities such as alumina and phosphorus. Ideal for pellet making - a preferred feed in the steelmaking process – studies show Cape Preston Concentrate delivers lower carbon emissions at the energy-intensive ironmaking phase, compared to typical Pilbara hematite fines.
The benefits of benefication
In the ground, magnetite iron ore is lower in iron content than the iron ore traditionally mined in the Australian industry - hematite. While hematite or ‘Direct Shipping Ore’ (DSO) needs very little processing prior to shipping, magnetite ore requires an additional stage of processing or concentration here in Australia to become a commercially viable product – this is known as beneficiation.
CPM’s six-line processing facility at Sino Iron on the Pilbara coast transforms low-grade magnetite into a 65% Fe concentrate - higher in iron content than most local DSO and ideal for lower emission steelmaking. In fact, from the mine pit to the blast furnace, Cape Preston Concentrate delivers up to a 10 per cent net reduction in carbon emissions intensity for every tonne of hot metal produced, compared to Platts 62 typical Pilbara hematite fines (*The Crucible 2022).
This investment in the value adding of Australian iron ore is delivering significant local economic benefits and supporting better environmental outcomes for the global steel industry.