Your iron-clad guide to iron ore terminology

When it comes to iron ore, it can take a while to wrap your head around the phrases and terms thrown nonchalantly at times by managing directors and CEOs.

When you’re passionate about something it’s easy to forget that not everyone in the room’s a trained geologist or chemical engineer – some of us are trying to sort the mental magnetite from the hematite, so to speak.

Keep reading if you’re trying to work that one out…

Iron ore is one of those spaces where it’s easy to get lost in the noise. That in itself is amazing, given the significance of the mineral to our economic prosperity.

As a population you’d think we’d all be well versed on our largest source of export revenue. But most of us are not. And that’s why Stockhead, in consultation with Magnetite Mines (ASX:MGT), has prepared this informative glossary relating to a space running about as hot as possible in the peak of the summer season.

Here are some terms you, as a prospective iron ore investor, should know.

 

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