With few exceptions, the economic uses of hematite revolve around its iron-rich composition and characteristic red color. In North America, over 90% of iron comes from hematite deposits and without it, our steel-based society would not exist. Aside from iron and steel production, the most important historical and economic uses of hematite have been in pigments.
High-purity, pigment grade hematite is a highly sought-after product that can command prices well above $600 per tonne depending on product specifications.
In effect, ZnCore treats a waste byproduct of the steelmaking process which can then be reintegrated into it, a cycle that promotes immediate synergy between the steel industry and sustainable cost benefit practices.