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    Mining and processing of iron ore involves coarse crushing and screening. Iron ore is beneficiated by crushing and then separating the iron from the gangue minerals through screening. This is usually so efficient that lower grade ore can be treated especially when the magnetite is quite coarse.

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    The latter compensated for lower average realised selling prices. Figure 2: Surge in iron ores produced and sold in 1H21 Source: Company, PSR IODEX iron-ore prices have been above the US$110/DMT mark for the past two months (Figure 3). As iron-ore prices hit a seven-year high, FML is expected to realise higher revenue. 1HFY21 revenue was US$20.1mn.

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    Iron ore is the unrefined substance utilized to formulate pig iron, which is one of the most important untreated materials to compose steel. 98% of the hauled out iron ore is used to produce steel. Uncontaminated iron ore is almost nameless on the exterior of the Earth apart from the combination of Fe-Ni alloys from meteorites and very atypical forms of unfathomable mantle xenoliths.

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    Tin mining is one of the earliest type of mining operated in Malaysia, starting in the 1820s in Perak and in 1824 in Selangor. The development of mining industries in Malaysia attracted many Chinese immigrants who came to the state in 18th and 19th centuries to work and develop the mine fields.

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