Indo Mines starts producing iron concentrate
Tuesday, May 22 2012 - 02:36 AM WIB
Australia-listed firm Indo Mines Limited said that its joint venture company, PT Jogja Magasa Iron (JMI) had commenced operations at its trial iron sand mining and processing facility located at Karangwuni, Jogjakarta.
The company announced in a press statement on MondAay that following commencement of mining and commissioning of the primary concentrate plant (PCP) in April, the plant had performed well demonstrating stable operations.
Product from the PCP, which to date totals >25,000 tons, has been stockpiled for use as the feedstock to the secondary concentrate plant (SCP).
The SCP has now completed commissioning and product from the primary stockpile successfully processed through the circuit to produce finished iron concentrate. To maximize throughput and increase efficiency, a second primary concentrate plant is currently being installed, consolidating output of finished iron concentrate at 25,000 tons per month.
?This is a very exciting and important milestone for Indo Mines and JMI in enabling large bulk samples of concentrate to be converted to iron," said Managing Director Martin Hacon.
Iron concentrate is an intermediate product used in the production of pig iron to produce quality steel products. Production from the trial facility will be used for test work purposes in developing the appropriate process route for the development of the downstream pig iron project.
Editing by Benget Besalicto Tnb.