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Accent Resources Confirms High-Grade Magnetite Concentrates at Magnetite Range Project

Story Highlights
  • Accent Resources’ Magnetite Range Project testwork delivered magnetite concentrates above 65% iron at a coarse 150-micron grind.
  • Results from the pre-feasibility metallurgical program support a viable flowsheet and premium, green steel-focused iron ore product strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Accent Resources Confirms High-Grade Magnetite Concentrates at Magnetite Range Project

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Accent Resources NL ( (AU:ACS) ) just unveiled an announcement.

Accent Resources NL has reported highly encouraging metallurgical testwork results from its Magnetite Range Project, with Davis Tube Recovery testing producing magnetite concentrates above 65% iron at a coarse 150µm grind and achieving direct reduced iron-grade concentrates over 69% iron at a 75µm grind across all composites. The strong mass recoveries and high-grade concentrates support the development of a practical and efficient processing flowsheet in the ongoing pre-feasibility study, reinforcing the economic potential of the project and its ability to supply premium, low-carbon ironmaking and green steel markets, while providing improved geometallurgical data for mine planning and resource confidence.

More about Accent Resources NL

Accent Resources NL is an Australian mineral exploration and development company focused on its 100%-owned Magnetite Range Project in the Mid-West region of Western Australia, approximately 260km southeast of Geraldton. The project hosts a JORC 2012-compliant magnetite iron ore resource of 523.3Mt at 31.3% iron, positioning the company within the high-grade iron ore and emerging green steel supply chain markets.

Average Trading Volume: 128,728

Technical Sentiment Signal: Buy

Current Market Cap: A$16.15M

For an in-depth examination of ACS stock, go to TipRanks’ Overview page.

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