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Iron Commodity (01029-HK) announced that Chinese electricians have begun to carry out the load test of drying equipment. The preliminary test results show that the drying device can operate in a cold climate, confirming that K&S will be able to operate throughout the year in order to bring continuous revenue streams to the IRC spot. The dry iron concentrate produced during the test has been loaded into the wagon.
The drying device removes excess water from the iron concentrate to prevent condensation of the product in cold climates. In the past few days, the Chinese electrician began to carry out load tests on the entire drying device, including the drying oven, conveyor belt and silo of the device. In this test, the wet concentrate was loaded into a drying drum and heated by a coal burner. The dried product was then loaded onto the wagon. Although the preliminary test results indicate that the drying plant can operate in cold weather, it is still necessary to make partial adjustments and follow-up work on the unit if it is to be fully operational. At the same time, IRC is waiting for an independent third-party expert to provide detailed analysis of the test.
The commissioning of the drying plant is progressing well. The trial production of the main processing plant continues uninterruptedly at the same time and will gradually increase productivity.
The drying device removes excess water from the iron concentrate to prevent condensation of the product in cold climates. In the past few days, the Chinese electrician began to carry out load tests on the entire drying device, including the drying oven, conveyor belt and silo of the device. In this test, the wet concentrate was loaded into a drying drum and heated by a coal burner. The dried product was then loaded onto the wagon. Although the preliminary test results indicate that the drying plant can operate in cold weather, it is still necessary to make partial adjustments and follow-up work on the unit if it is to be fully operational. At the same time, IRC is waiting for an independent third-party expert to provide detailed analysis of the test.
The commissioning of the drying plant is progressing well. The trial production of the main processing plant continues uninterruptedly at the same time and will gradually increase productivity.
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