TNG Limited, an Australia-based resources company, has awarded Metso Outotec a study looking at reducing Mount Peake Ti-V magnetite concentrate using Circored™ 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 technology into TNG’s TIVAN® process that provides for the extraction of high-quality products from Ti-V magnetite orebodies.
Metso Outotec has been granted this assignment following positive test work performed for TNG, which confirmed the applicability of hydrogen-based reduction for Mount Peake Ti-V magnetite concentrate.
The test work program, which was a precursor to a more detailed commercial and technical evaluation, was a success, TNG says, delivering the following results:
- Achieved iron metallisation targets across a range of testwork parameters;
- Demonstrated the viability of processing Mount Peake titanomagnetite concentrate with Metso Outotec’s Circored technology; and
- Generated samples for downstream validation testwork.
Now, Metso Outotec 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.
The use of hydrogen is a key part of the TNG’s medium-to-longer-term strategy to reduce its net carbon footprint from processing operations at the Mount Peake project.
TNG Managing Director & CEO, Paul Burton, said the Metso Outotec study also complements its existing partnership with SMS group, which TNG has a strategic partnership with, to investigate green hydrogen production at Mount Peake.
Located 235 km north of Alice Springs, in the Northern Territory of Australia, Mount Peake will be a long-life project producing a suite of high-quality, high-purity strategic products for global markets including vanadium pentoxide, titanium dioxide pigment and iron ore fines, accordiing to TNG. The project has received Major Project Status from the Australian Federal Government and the Northern Territory Government.
Circored, 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.