Improvements in Magnetite Processing Utilising Magnetic Separation Technologies - SME Annual Meeting 2025

The world’s climate today has changed compared to 10 or 20 years ago. Many countries face water shortages; water sourcing for mining activities has become harder to secure. ESG’s focus on the industry has made us more aware of the need to preserve and responsibly use the water needed for wet processing in our milling and sorting activities. In a recent greenfield project in South Australia, 10 Gigalitres per annum would be required to process 5Mtpa of magnetite [1]. Published information indicates that the mining industry consumes approximately 12 EJ per year—or 3.5% of total global final energy consumption globally [2] or 3.33 trillion kilowatt hrs. This energy consumption is significant, considering the critical role mining plays in extracting and processing essential minerals for economic development and human progress. The perception of the mining industry is that not only does it consume significant power, but it also consumes a lot of the freshwater in the world. In fact, it consumes approximately 5% [3] of the total freshwater demand. According to the Intergovernmental Panel on Climate Change (IPCC), by 2050, 60% of the world’s population will be living in countries that are classed as water-stressed [3]. As more and more emphasis is placed on renewable energy sources, the amount of water used in mineral processing will increase because more and more raw materials require a water-intensive process. This increases the pressure on the mining industry to try and find water-saving initiatives. As part of this review, recent advancements in magnets have enabled magnetite processing facilities to achieve between 30 to 40% dry gangue material rejection before the wet beneficiation process (grinding and sorting). This reduction in energy consumption allows the reduction of energy consumption. Secondly, there is less material ground in the mills, which requires less water for mineral downstream processing.