Xinhai Mining Technology & Equipment Inc. provided EPC services for the 500,000t/a Iron Concentrate Powder Project in Mongolia. Magnetite was the main mineral in the iron ore, and the FeO content was 19%. Xinhai provides systematic EPC services, which included mineral processing plant design & construction, equipment manufacture & installation, workers training, and other services. Xinhai carried out the specialized experimental research on mineral processing, and adopted the efficient and economical process of stage grinding & stage wet weak magnetic separation. By applying this process, iron concentrate with iron content more than 67% and iron recovery rate more than 96% could be obtained.
Magnetite was the main metallic mineral in this iron ore. The iron content of raw ore was 22%, and the sulfur content was 0.55%.
On July 7th, the Africa free trade area (AfCFTA) established on the 12th African union special summit on the African continent free trade area (afta) in Niger’s capital, Nigeria. Till now, 52 members in Africa Union signed the African Continental Free Trade Agreement.