Typical Product Specifications of the proposed Agbaja Fines product
Perth, Jan 10, 2014 AEST (ABN Newswire) - Australian based iron ore development company, Kogi Iron Limited (
ASX:KFE) ("Kogi", "Kogi Iron", or the "Company") and it's 100% owned Nigerian operating company, KCM Mining Limited ("KCM") are pleased to announce the typical indicative analysis of the proposed Agbaja Fines product for its 100% owned Agbaja Iron Ore Project ("Agbaja" or "Agbaja Project").
The typical analysis for "Agbaja Fines" is illustrated in Figure 1 below, and is based on Preliminary Feasibility Study ("PFS") metallurgical test-work and processing plant design incorporating bioleaching.
Kogi Iron's Managing Director, Iggy Tan said that "the product specification is currently being used in discussions with potential off take customers and partners. To date there has been sound interest in the proposed Agbaja Fines product and discussions are ongoing as the Company progresses towards the completion of its Preliminary Feasibility Study."
"Favourable attributes of Agbaja Fines will include low silica values, high loss on ignition and the coarse nature (250 micron) of the final product. With initial transport via river barging, followed by transhipment to Cape size ocean going vessels, the Company will be well positioned to provide cost effective cargo sizes for customers", said Mr Tan.
To view the product specifications, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-KFE-663830.pdf
About Macro Metals Limited
Macro Metals Limited is an ASX-listed company (ASX:M4M) with the intent to build a cast steel plant on the Agbaja Plateau in Kogi State, Nigeria. The project will utilise company leased iron ore deposits and will supply a cast steel feedstock to steel manufacturing and product fabricators in Nigeria and overseas.
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