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 Article Headline: IDC, Palabora Mining partner technology minnow in pilot iron project
 Abstract: The steel world's search for a commercially viable way of converting fine iron-ore waste into a ferrous-scrap supplement is over, a small new South African company claims. Coming up with a claimed home-grown solution to a long-standing Holy Grail of the steel industry is Iron Mineral Beneficiation Services (IMBS), which has done enough to convince one of Russia's biggest integrated mining and steelmaking companies to snap up equity in the minnow and agree to pay it royalties as it deploys the South African-developed technology globally. Interestingly, seed capital for the technology – which has won the nod of OAO Severstal of Russia, South Africa's State-owned Industrial Development Corporation (IDC) and Palabora Mining Company (PMC), a Rio Tinto group company – also has African roots.
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