The Progress and Study of Lean Magnetite Preconcentration in China

"The progress of lean magnetite preconcentration in China was introduced in this paper, such as using coarse crushing to reject tailings, and multistage grinding, multistage magnetic separation. The applications of “more crushing and less grinding” process and equipment in lean magnetite preconcentration could reduce production costs effectively. The related analysis and study on concrete cases were carried out in this paper.INTRODUCTIONIn the case of the slowdown and weak recovery in the global economy, bulk commodity prices fell sharply in 2015. Take iron ore's prices for example, about 60% grade iron ore's import prices in China from about $65 per ton at the beginning of 2015 fell to about $42 per ton in the end of the year, down by about 35%. But iron ore resources are non-renewable resources, with the continuous development and utilization of mineral resources, high grade iron ore resources will be exhausted gradually. Accompanying with the economic recovery iron ore prices after this fall is bound to return to its value to maintain a high level.The development and utilization of resources is gradually turning to the low grade iron ore. Restricted by technical development level and disadvantages of lean iron ore resources, the cost of utilization lean iron ore resources is relatively high. Making full use of their rich lean ore resources has become many countries' important strategy to get rid of dependence on foreign countries' ore. Over the years with the development and progress of lean magnetite mineral processing technology in China, the production number of concentrator has been greatly improved.As the world's largest steel producer and consumer countries, ensuring a stable and continuous supply of iron ore is particularly important for the healthy development of China's iron and steel industry. Chinese iron ore production and import data in recent years are showed in Table 1.With the expansion of iron and steel production, iron ore demand has also been a phenomenal growth. Taking 2013 for example, China's crude steel production is about 780 million tons in 2013, accounting for about half of the world's total output of crude steel. At the same time, China is also the first major iron ore import countries whose iron ore imports in 2013 was about 820 million tons, an increase of about 10%. The degree of external dependence is very high. In some years, the cost of China's iron ore imports was even more than $100 billion, and second only to oil’s import cost in all bulk commodities."