Benefits of partnering with Fecycle

For Mining companies

  • No capital outlay – Fecycle funds the entire capex and opex of each iron ore reprocessing facility.

  • Full turnkey solution – Fecycle runs the entire process from testing, flow sheet design, vendor negotiations, facility commissioning and ongoing operations.

  • Modular equipment – Optimised to fit on site and configured in the most efficient manner.

  • Access to multiple market proven technologies – No ore body is the same and different solution flowsheets are needed to maximise extraction. Fecycle has partnered with multiple best in class equipment providers that have different solutions that can be configured together vs a one size fits all approach currently.

  • Stand-alone operation – The facility sits on site and does not interfere with existing primary mining operations.

  • Control of end product – We deliver our partners back of millions of tonnes of facility of high-grade green iron ore per annum to add to their export distribution channels. We can also sell the product if needed through offtake relationships.

  • Reduced waste/costs with safer storage – Reduces remaining waste footprint and costs (lower insurance premiums and environmental bonds), reduced asset impairment/closure liabilities and ability to dry stack for more compliant tailing management.

  • Monetization of uneconomic ore – Reprocess mining waste streams that are an environmental hazard/liability with zero value into marketable product and cash flows.

  • Green iron ore for steel mills – Reprocessing has a far lower carbon footprint than virgin mining and carbon savings can be passed up the value chain and green ore can command higher prices. Ability to access grants/rebates and enhanced access to sustainable pools of capital to lower WACC.

  • Environments and social advantages – Remediation and rehabilitation of recovered land and investment into local communities. Improved ESG score, social license and reputation and lower compliance costs.

  • Suited to operating in difficult environments – A key focus is on water conservation (95% recovery rate) in arid mining operations and low power usage/electrification of the plant.

  • Tailings management – In additions to beneficiating low grade iron ore, we can also focus on tailing management strategies.

  • Speed to cash flows – Rapid construction & commissioning at c.15 months enabling quick impact on waste reprocessing and associated benefits.

  • Strong economics – Lowers overall mine $/t  and lowest cash cost quartile with high margins for improved global competitiveness with a new green product class.

  • New cash flows – Turns idle, uneconomic ore in waste piles and tailings, that sits on the balance sheet as a liability, into significant cash flow.

  • Fines blending – The high grade green iron ore product with low carbon footprint can be blended into other products/blends for ore optimisation and product quality for global shipment.

  • NPV increase – Extend operation life of mine, handle old/closed mine waste and creation of new cash flows drives increased NPV and enhanced shareholder value.

For offtakers

Meaningful supply - Each facility delivers millions of tonnes of 62%+ iron ore pa and 20MT+ over the average 7 year stockpile life as we reprocess the waste.

A new green product - This is ‘green iron’ ore with really low carbon footprint as the material has already been mined and the processing facilities are highly efficient. This opens up the ability to command premium pricing in the market as it’s a differentiator for the green steel companies.

Benefits to steel companies - Steel companies are heavily focused on the smelting plants (moving the electric arc furnaces)  and greener power like hydrogen to lower, emissions but if they can also tell a story of responsibly sourced recycled green iron ore with low carbon footprint it’s a differentiator and improves the ESG and decarbonisation story further.

Ability to control specs – Steel purchasers can specify a particular grade and specs that they want and each facility can be dialled in to produce that spec compared to virgin supply that is difficult to change.

Reduced supply disruption risk – Reprocessing is a simple operational process vs traditional mining with far fewer disruption risks providing a higher level of certainly on the ability to supply product on a monthly basis to meet timelines.

We are looking to partner with owners of low grade iron assets, please get in touch to discuss further.