Mine grades at Meadowbank were 22% higher in the third period versus the same time last year because of reducedore dilution and higher-than-expected grades in the Goose pit.
India is expected to become a net iron-ore importer in the fiscal year that began April 1 because of reduced output, but Thursday's order could mean a gradual turnaround in the situation.
He read about something called direct-reduced iron, a technique for smelting without melting--removing the oxygen from iron ore while it's still solid, that is.
The oxide (which comes from an ore called coltan) is converted to a fluoride using hydrofluoric acid, and the fluoride is then reduced with liquid sodium.