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IMBS is focused on the production of high quality metallic iron units for the steel and foundry industries. Our process enables us to tailor-make specific products from HBI to basic pig iron and to liquid iron units as per
customer requirements.
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The Industrial Development Corporation (IDC) is to invest R100m in an iron ore beneficiation process as part of a long-term strategy to break ArcelorMittal’s monopoly over the domestic steel market, which has resulted in high prices.
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The modular design and low capital cost of the Finesmelt™ plant offers opportunities for the exploitation of smaller high quality iron ore deposits. Its design also enables location flexibility ensuring the best point of the supply chain is accessed.
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The Finesmelt™ Demonstration Unit, in Olifantsfontein, has been running successfully for two years. The plant has achieved all design expectations and continues to provide important information on the end product as well as the process.
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