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Ironsand, also known as iron-sand or iron sand, is a type of sand with heavy concentrations of iron.It is typically dark grey or blackish in colour. It is composed mainly of magnetite, Fe 3 O 4, and also contains small amounts of titanium, silica, manganese, calcium and vanadium.
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JMI holds a 30-year working contract (KK) for iron sand mining and to produce pig iron in Kulon Progo, Yogyakarta. The company started iron sand mining in 2011 and production of pig iron in 2012 PT. JMI invested US$1.7 billion in the project including US$ 600 million for mining and US$ 1.1 billion for infrastructure building a 350-MW power plant.
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Sand iron mining in Kulonprogo, Java, Indonesia EJAtlas. On 4 November 2008, Reuters reported that Indonesia had signed a $1.1 billion contract for an iron sand and pig iron mining project (1), the first mining contract to be awarded in the resources-rich country in a decade due to confusion over the mining law.
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