Can Dry Processing Work for the Magnetite Range Project at Accent Resources (ASX:ACS)?

Sonal Goyal

09 October 2026 12:05 AM AEDT

Can Dry Processing Work for the Magnetite Range Project at Accent Resources (ASX:ACS)?

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Dry processing can reduce water use at mineral projects in arid regions, and magnetite is commonly upgraded by magnetic separation. Accent Resources NL (ASX:ACS) reported interim dry magnetic separation results for its Magnetite Range Project in Western Australia on 30 September 2026.

Company overview

Accent Resources NL (ASX:ACS) is a West Perth-based company that owns 100% of the Magnetite Range Project in Western Australia, which is in a pre-feasibility study (PFS) that began in May 2025.

Testwork results

LONGI Magnet Co., Ltd. tested four representative samples from the Julia and Robb deposits using dual-drum dry magnetic separation after dry grinding to a P85 of 75 microns. Final concentrates graded 66.3% to 68.0% Fe, and overall magnetic iron recovery for the four tests reached 98.21%. The grades meet or exceed typical blast furnace pellet feed specifications.

The company said the tests were at bench scale, are preliminary and are reported as an interim progress report. They follow earlier dry magnetic separation work announced on 10 August 2026.

Role in the pre-feasibility study

The work assesses whether dry processing can produce a saleable concentrate and offer a technically credible alternative to wet processing in the PFS. The next priority is to validate and optimise the flowsheet across representative material and at a scale suitable for engineering design.

Sector backdrop

Magnetite projects in Western Australia’s Mid-West often face water and power costs, so alternative flowsheets are tested. Bench-scale results do not predict plant performance.

Risks shareholders should weigh

The testwork is bench scale and interim, on four samples. Recovery here is magnetic iron recovery and not overall plant recovery.

Dry processing at industrial scale has to be validated, including energy use, dust and costs. The PFS has not been completed.

Funding, approvals and iron ore market conditions affect the project.

What’s next

Accent will validate the flowsheet at a larger scale and incorporate the results into the PFS. Shareholders may wish to watch for further testwork and PFS milestones.

FAQs

Q: What grades did the testwork produce?

A:Concentrates grading 66.3% to 68.0% Fe with 98.21% magnetic iron recovery.

Q: Who did the testing?

A:LONGI Magnet Co., Ltd., on samples from the Julia and Robb deposits.

Q: Is the testwork final?

A:No. It is bench scale and reported as an interim progress report.

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