https://www.miningweekly.com

Ironveld starts producing high-purity iron ahead of schedule

10th January 2023

By: Marleny Arnoldi

Online News Editor

     

Font size: - +

London-listed high-purity iron (HPI), vanadium and titanium miner Ironveld’s subsidiary, Ironveld Smelting, has completed the refurbishment of one furnace at its Rustenburg smelter complex ahead of schedule, with two more furnaces to follow.

The first furnace is already smelting magnetite ore into marketable products of titanium slag and HPI, marking a transformational step in the company’s development.

Ironveld CEO Martin Eales says the smelter reached marketable metal production after just four months since the refurbishment work started. The company has given itself six to nine months to complete the refurbishment and commissioning of the three furnaces.

He anticipates first revenues from initial production by the second quarter, and for the second and third furnaces to be in production by April.

Once the three furnaces are operational, the complex will have a processing capacity of 40 000 t/y of magnetite ore, which, in turn, will lead to the production of about 20 000 t/y of HPI, 190 t/y of vanadium in slag and 3 800 t/y of titanium in slag.

Ironveld’s mine is based in the Bushveld Complex, in South Africa’s Limpopo province. The project holds 1.6-billion pounds of vanadium, 32-million tons of HPI in situ and nine-million tonnes of titanium.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Craig Miller Technical Services (CMTS)
Craig Miller Technical Services (CMTS)

CMTS is a leading, well-established EC&I contractor with 37+ years of mining and industrial experience. We execute full-scope EC&I projects with...

VISIT SHOWROOM 
ZF Aftermarket
ZF Aftermarket

ZF Aftermarket is the after-sales division of the world-renowned German ZF group, a global leader in mobility technology.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.048 0.755s - 128pq - 2rq
Subscribe Now