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

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 CircoredTM technology, which uses hydrogen as its only reductant source.

As part of the study, Metso Outotec will perform a techno-economic assessment to integrate CircoredTM 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.

CircoredTM, 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 CircoredTM can be found on Metso Outotec’s website.