Metso Outotec engaged by TNG in Australia for a hydrogen-based concentrate reduction study

Metso Outotec Corporation’s press release on September 12, 2022, at 09:00 a.m. EEST

TNG Limited, an Australian resource company, has awarded Metso Outotec a study to reduce Mount Peake Ti-V magnetite concentrate using Circored^TM technology, which uses hydrogen as its only reductant source.

As part of the study, Metso Outotec will perform a techno-economic assessment to integrate Circored^TM technology into TNG’s innovative TIVAN® process that provides for the extraction of high-quality products from Ti-V magnetite ore bodies.

Metso Outotec has been granted this assignment following the positive test work performed for TNG which confirmed the applicability of hydrogen-based reduction for Mount Peake Ti-V magnetite concentrate. Now, it will further define the process flowsheet for the Mount Peake Project and prepare a preliminary capital cost and operating cost (+/-30%) for a Circored™ Plant.

Circored^TM, part of Metso Outotec’s Planet Positive portfolio, is a process that uses hydrogen as the sole reducing agent in the reduction of fine ores, enabling carbon neutrality for metal processing plants.

More information on Circored^TM can be found on Metso Outotec’s website.