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03.03.2019· At this stage, low-grade ore that still contains metal value is placed back at the start of the cycle, and tailings, which are even lower-grade residues, are removed as waste. Iron ore mining often focuses on looking for hematite deposits known as red iron ore, and magnetite, as they have naturally weak magnetic fields that aid in their purification.

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Beneficiation of Iron Ores. Iron ore is a mineral which is used after extraction and processing for the production of iron and steel. The main ores of iron usually contain Fe2O3 (70 % iron, hematite) or Fe3O4 (72 % iron. magnetite).

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