CDE Global and ProMet Engineers have announced the signing of an agreement which will enhance the options available to iron ore processors requiring beneficiation systems in order to maximise efficiencies from their operations. The agreement will focus on the development of a new suite of iron ore beneficiation plants aimed at small and medium sized processors for whom the current plant offering does not cater.
“We are focusing on the development of range of iron ore beneficiation plants for operators requiring capacities up to 2.4 million tons per year” explains CDE Asia Managing Director, Manish Bhartia. “Up until now this is a segment of the market that has been overlooked by existing suppliers to the industry. The agreement we have signed with ProMet Engineers will allow for both companies to bring together their individual expertise to create new, innovative processing systems for the iron ore industry.”
CDE identified this gap in the market following the experience they have gained in recent years in the design and delivery of turnkey iron ore washing plants to steel producers in India. “The expansion of our offering to include full beneficiation is the next logical step as we seek to expand our market coverage in India” explains Bhartia. “As we examined how we can best achieve this it became clear to us that ProMet Engineers were the perfect match.”
For many small to medium sized steel producers there are significant benefits to be enjoyed from the introduction of a full beneficiation plant but the level of investment currently required in order to get a system like this fully operational is a significant barrier. “Our iron ore washing plants are delivering significant efficiency improvements for operators thanks to the reduction in silica and alumina levels and the subsequent increase in Fe content they are delivering” says Bhartia. “The development of this new suite of beneficiation plants will give smaller operators the opportunity to further improve efficiencies within their processing operations and enhance their capability to grow.”
ProMet Engineers mirror the enthusiasm from CDE for the new collaboration as they seek to develop coverage in India. The company has developed significant experience working in the Australian and African markets through its offices in Perth and Cape Town and in recent times has been concentrating considerable efforts on building a project portfolio in the Indian market. “We can count some of the largest iron ore processing companies in the world among our customers” explains Chairman of ProMet Engineers, Jim Cribbes. “Given this experience and the levels of iron ore available in India it is a market that is of significant interest to us. The new agreement with CDE will allow us to marry our process engineering expertise in iron ore processing with CDE’s capability in the delivery of turnkey mineral processing projects.”
In addition to the processing of iron ore, ProMet Engineers also has significant experience with a range of industrial minerals and have also worked on many coal and non ferrous processing systems including gold, nickel, silver, zinc and lead among others. “This agreement with Promet in India is the first stage of a process that will allow both companies to take advantage of the opportunities that exist for our systems on an international level” says Chairman of CDE Global, Tony Convery. This is echoed by ProMet Engineers Managing Director, David Glynn who says “The ProMet Engineers CDE partnership moves us both closer to our long term strategic objectives. The significance of this development not only for both of our companies but in terms of the enhanced product offer it creates for mineral processing companies in India cannot be over emphasised.”