Australia's iron ore reserves and resources are in both hematite and magnetite ores. Because of the high average grades (% Fe) of hematite ores when compared to the average grades for magnetite ores, it is necessary to report national resources in terms of contained iron.
Mineral Processing. If the mineralogy of the ore shows that you can separate discrete particles of the mineral you want from the gangue components of the ore, then it is possible to physically concentrate the valuable mineral and reject the rest.
Mineral processing: Mineral processing, art of treating crude ores and mineral products in order to separate the valuable minerals from the waste rock, or gangue. It is the first process that most ores undergo after mining in order to provide a more concentrated material for the procedures of extractive metallurgy.