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Minerals will deliver a gratekiln iron ore pelletizing system to Wuhan Iron and Steel (Group) Corporation's (WISCO) integrated steel facility near the city of Wuhan in China. The gratekiln system will comprise a section of the company's new iron ore pelletizing plant which will be the largest in China.
Direct reduction refers to processes which reduce iron oxides to metallic iron at temperatures below the melting point of iron. The product of such solid state processes is called direct reduced iron. The reducing gas is a mixture of gases, primarily hydrogen (H2) and carbon monoxide (CO).
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will supply equipment and services for a gratekiln iron ore pelletizing system to China Metallurgical Group Corporation's (MCC) Sino Iron project in Western Australia. The delivery will be completed during the Q4 of the year 2009. The value of the order is approximately EUR 25 million and it is included in Minerals' Q3 orders received.
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