ACS: Dry Processing Testwork Confirms Technical Viability

Original announcement by asx on

Company
ACCENT RESOURCES NL
Ticker
ACS
Exchange
ASX
Region
Western Australia
Primary commodity
Iron ore
Secondary commodities
None reported
Document categories
Metallurgy
Extracted
2026-09-30 00:25:16 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Accent Resources has announced positive interim bench-scale metallurgical testwork results for its Magnetite Range Project in Western Australia. Independent dry magnetic separation tests produced high-grade magnetite concentrates ranging from 66.3% to 68.0% Fe, with overall magnetic iron recoveries up to 98.21%. These results confirm the technical viability of a water-efficient dry processing flowsheet, which will be further evaluated in the project's Pre-Feasibility Study.

Reasoning: Accent Resources has reported positive bench-scale metallurgical testwork confirming the technical viability of a dry processing route for its Magnetite Range Project. The tests achieved high-grade iron concentrates (up to 70.3% Fe) with excellent recoveries, providing a water-efficient option for the ongoing PFS. While the results are preliminary and require further validation at a larger scale, they represent a significant technical milestone for the project.

Positive factors

  • High concentrate grades achieved (up to 70.3% Fe) which are exceptional for iron ore, meeting or exceeding typical Blast Furnace Pellet feed specifications.
  • High overall magnetic iron recovery (up to 98.2%) and total iron recovery (up to 91.2%) demonstrated across multiple samples.
  • Technical viability of a dry processing flowsheet confirmed, providing a credible water-efficient option for the project's Pre-Feasibility Study (PFS).
  • Testwork conducted on four representative samples from different deposits (Julia and Robb), indicating some variability assessment.
  • Metallurgical results are signed off by a Competent Person (CP) under JORC 2012 standards.

Negative factors

  • The testwork is preliminary in nature and conducted at bench scale, not yet representing final process design or production forecast.
  • Further testwork and engineering studies are required to define an optimal flowsheet, assess commercial application, and evaluate energy use, equipment sizing, material handling, dust control, concentrate moisture, and operating costs.
  • Pelletisation performance and marketing requirements for the concentrates have not yet been assessed.
  • Deleterious elements (SiO2, Al2O3, S, P) are present in the concentrates, which may incur penalties or require further treatment.

Facts used in scoring: 8

Classification and evidence

High Recoverypositive

Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: The testwork demonstrated overall magnetic iron recovery for the four tests reached 98.21% and total iron recovery up to 91.2%, which is strong to exceptional for iron ore.

Evidence · text

“Overall magnetic iron recovery for the four tests reached 98.21%.”

Bench Scale Onlynegative

Only preliminary bench tests completed — no locked-cycle or pilot work.

Why it applies: The testwork is described as 'bench scale outcomes' and 'preliminary in nature', indicating it is not yet at a larger, more representative scale.

Evidence · text

“These results are preliminary bench scale outcomes and are not a final process design or production forecast.”

Multi-Domain Testedpositive

Variability across ore domains (oxide, transition, fresh) has been addressed.

Why it applies: The testwork was conducted on 'four representative samples from Julia and Robb deposits', indicating testing across different ore domains.

Evidence · text

“LONGI tested four representative samples from Julia and Robb deposits”

QP/CP Signedpositive · Story-specific tag

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The metallurgical information in the report is compiled by Mr Aaron Debono, a Competent Person and Fellow of the Australasian Institute of Mining and Metallurgy, who consents to its inclusion.

Evidence · text

“The information in this report that relates to Metallurgy is based on, and fairly reflects, information compiled by Mr Aaron Debono, a Competent Person, who is a full-time employee of NeoMet Engineering Pty Ltd and a Fellow of the Australasian Institute of Mining and Metallurgy.”

PFS-Supportingneutral · Story-specific tag

Resource estimate prepared to support a Pre-Feasibility Study — requires adequate M&I component.

Why it applies: The results provide 'technical support for including a dry processing route in PFS trade-off studies' for the Magnetite Range Project.

Evidence · text

“The results provide technical support for including a dry processing route in PFS trade-off studies.”

Deleterious Elements Presentnegative · Story-specific tag

Penalty elements (arsenic, antimony, etc.) or refractory concerns noted in the release.

Why it applies: The wet magnetic separation results table (Table 3) lists SiO₂, Al₂O₃, S, and P in the final concentrate, which are common penalty elements for iron ore.

Evidence · table

“SiO₂% Al₂O₃% S% P%”

Context: Table 3: Wet magnetic separation results

Mill Routeneutral

Processing via mill or concentrator (CIL, CIP, tank leach, flotation).

Why it applies: the document describes a flotation route ("concentrate")

Extracted facts

Stored fact records: 8. Some facts used in scoring do not have a stored record.

Metallurgical Results (8)

bench scaleMagnetite Range Project · iron_oreRecovery: 85.2 %Head Grade: 34.74Head Grade Unit: %View all details
Link to this fact

Identity

Project
Magnetite Range Project
Commodity
iron_ore
Region
australia_wa
Reported Region
Western Australia
Ticker
ACS

Test Work

Program Status
preliminary
Test Type
bench scale
Processing Route
dry magnetic separation
Sample
J-UBIF-01
Grind P80
75 µm

Recovery

Recovery
85.2 %
Recovery Basis
actual_test
Head Grade
34.74
Head Grade Unit
%
Conc. Grade
67.1
Conc. Grade Unit
%

Lab

Laboratory
LONGI Magnet Co., Ltd.
Consultant
NeoMet Engineering Pty Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Bench-scale dry magnetic separation for sample J-UBIF-01 yielded an exceptional concentrate grade and strong recovery, supporting the viability of the dry processing route, though further work is needed.

Positive factors

  • High concentrate grade of 67.1% Fe achieved, which is exceptional for iron ore.
  • Strong total iron recovery of 85.2% demonstrated for this sample.
  • Confirms technical viability of dry processing route for this sample.

Negative factors

  • Testwork is preliminary and at bench scale, requiring further validation.
  • Deleterious elements are present in the concentrate (implied from Table 3 for this sample type).

Evidence · table

“67.1”

Context: J-UBIF-01

bench scaleMagnetite Range Project · iron_oreRecovery: 91.2 %Head Grade: 36.03Head Grade Unit: %View all details
Link to this fact

Identity

Project
Magnetite Range Project
Commodity
iron_ore
Region
australia_wa
Reported Region
Western Australia
Ticker
ACS

Test Work

Program Status
preliminary
Test Type
bench scale
Processing Route
dry magnetic separation
Sample
J-LBIF-02
Grind P80
75 µm

Recovery

Recovery
91.2 %
Recovery Basis
actual_test
Head Grade
36.03
Head Grade Unit
%
Conc. Grade
66.7
Conc. Grade Unit
%

Lab

Laboratory
LONGI Magnet Co., Ltd.
Consultant
NeoMet Engineering Pty Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Bench-scale dry magnetic separation for sample J-LBIF-02 yielded an exceptional concentrate grade and very strong recovery, further validating the dry processing route, though further work is needed.

Positive factors

  • Exceptional concentrate grade of 66.7% Fe achieved.
  • Very strong total iron recovery of 91.2% demonstrated for this sample.
  • Confirms technical viability of dry processing route for this sample.

Negative factors

  • Testwork is preliminary and at bench scale, requiring further validation.
  • Deleterious elements are present in the concentrate (implied from Table 3 for this sample type).

Evidence · table

“66.7”

Context: J-LBIF-02

bench scaleMagnetite Range Project · iron_oreRecovery: 87.2 %Head Grade: 33.3Head Grade Unit: %View all details
Link to this fact

Identity

Project
Magnetite Range Project
Commodity
iron_ore
Region
australia_wa
Reported Region
Western Australia
Ticker
ACS

Test Work

Program Status
preliminary
Test Type
bench scale
Processing Route
dry magnetic separation
Sample
R-LBIF-12
Grind P80
75 µm

Recovery

Recovery
87.2 %
Recovery Basis
actual_test
Head Grade
33.3
Head Grade Unit
%
Conc. Grade
68
Conc. Grade Unit
%

Lab

Laboratory
LONGI Magnet Co., Ltd.
Consultant
NeoMet Engineering Pty Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Bench-scale dry magnetic separation for sample R-LBIF-12 yielded an exceptional concentrate grade and strong recovery, strongly supporting the dry processing route, though further work is needed.

Positive factors

  • Exceptional concentrate grade of 68.0% Fe achieved, which is very high for iron ore.
  • Strong total iron recovery of 87.2% demonstrated for this sample.
  • Confirms technical viability of dry processing route for this sample.

Negative factors

  • Testwork is preliminary and at bench scale, requiring further validation.
  • Deleterious elements are present in the concentrate (implied from Table 3 for this sample type).

Evidence · table

“68.0”

Context: R-LBIF-12

bench scaleMagnetite Range Project · iron_oreRecovery: 56.2 %Head Grade: 24.83Head Grade Unit: %View all details
Link to this fact

Identity

Project
Magnetite Range Project
Commodity
iron_ore
Region
australia_wa
Reported Region
Western Australia
Ticker
ACS

Test Work

Program Status
preliminary
Test Type
bench scale
Processing Route
dry magnetic separation
Sample
R-LBIF-14
Grind P80
75 µm

Recovery

Recovery
56.2 %
Recovery Basis
actual_test
Head Grade
24.83
Head Grade Unit
%
Conc. Grade
66.3
Conc. Grade Unit
%

Lab

Laboratory
LONGI Magnet Co., Ltd.
Consultant
NeoMet Engineering Pty Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Bench-scale dry magnetic separation for the low-grade R-LBIF-14 sample produced an exceptional concentrate grade, but with a lower recovery, indicating the process can handle variable feed but with expected yield differences.

Positive factors

  • Exceptional concentrate grade of 66.3% Fe achieved, even from a low-grade feed sample.
  • Demonstrates that low-grade material can also be processed via a dry circuit to produce high grade concentrates.

Negative factors

  • Lower total iron recovery of 56.2% compared to other samples, reflecting its low-grade nature.
  • Testwork is preliminary and at bench scale, requiring further validation.
  • Deleterious elements are present in the concentrate (implied from Table 3 for this sample type).

Evidence · table

“66.3”

Context: R-LBIF-14*

bench scaleMagnetite Range Project · iron_oreRecovery: 81.93 %Head Grade: 34.74Head Grade Unit: %View all details
Link to this fact

Identity

Project
Magnetite Range Project
Commodity
iron_ore
Region
australia_wa
Reported Region
Western Australia
Ticker
ACS

Test Work

Program Status
preliminary
Test Type
bench scale
Processing Route
wet magnetic separation cleaning
Sample
J-UBIF-01 (from dry concentrate)

Recovery

Recovery
81.93 %
Recovery Basis
actual_test
Head Grade
34.74
Head Grade Unit
%
Conc. Grade
70.08
Conc. Grade Unit
%

Lab

Laboratory
LONGI Magnet Co., Ltd.
Consultant
NeoMet Engineering Pty Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Wet magnetic cleaning of J-UBIF-01 dry concentrate produced an exceptional grade suitable for DRI feed with strong overall recovery, highlighting a potential product quality upgrade option.

Positive factors

  • Achieved a very high concentrate grade of 70.08% Fe, suitable for Direct Reduced Iron feed.
  • Strong total iron recovery of 81.93% (vs ROM) maintained after wet cleaning.
  • Demonstrates potential for a product quality opportunity with a final wet polishing stage.

Negative factors

  • Testwork is preliminary and at bench scale, requiring further validation.
  • Deleterious elements (SiO2, Al2O3, S, P) are present in the concentrate, which may incur penalties.

Evidence · table

“70.08”

Context: J-UBIF-01

bench scaleMagnetite Range Project · iron_oreRecovery: 88.69 %Head Grade: 36.03Head Grade Unit: %View all details
Link to this fact

Identity

Project
Magnetite Range Project
Commodity
iron_ore
Region
australia_wa
Reported Region
Western Australia
Ticker
ACS

Test Work

Program Status
preliminary
Test Type
bench scale
Processing Route
wet magnetic separation cleaning
Sample
J-LBIF-02 (from dry concentrate)

Recovery

Recovery
88.69 %
Recovery Basis
actual_test
Head Grade
36.03
Head Grade Unit
%
Conc. Grade
69.67
Conc. Grade Unit
%

Lab

Laboratory
LONGI Magnet Co., Ltd.
Consultant
NeoMet Engineering Pty Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Wet magnetic cleaning of J-LBIF-02 dry concentrate produced an exceptional grade suitable for DRI feed with very strong overall recovery, highlighting a potential product quality upgrade option.

Positive factors

  • Achieved a very high concentrate grade of 69.67% Fe, suitable for Direct Reduced Iron feed.
  • Very strong total iron recovery of 88.69% (vs ROM) maintained after wet cleaning.
  • Demonstrates potential for a product quality opportunity with a final wet polishing stage.

Negative factors

  • Testwork is preliminary and at bench scale, requiring further validation.
  • Deleterious elements (SiO2, Al2O3, S, P) are present in the concentrate, which may incur penalties.

Evidence · table

“69.67”

Context: J-LBIF-02

bench scaleMagnetite Range Project · iron_oreRecovery: 85.39 %Head Grade: 33.3Head Grade Unit: %View all details
Link to this fact

Identity

Project
Magnetite Range Project
Commodity
iron_ore
Region
australia_wa
Reported Region
Western Australia
Ticker
ACS

Test Work

Program Status
preliminary
Test Type
bench scale
Processing Route
wet magnetic separation cleaning
Sample
R-LBIF-12 (from dry concentrate)

Recovery

Recovery
85.39 %
Recovery Basis
actual_test
Head Grade
33.3
Head Grade Unit
%
Conc. Grade
70.3
Conc. Grade Unit
%

Lab

Laboratory
LONGI Magnet Co., Ltd.
Consultant
NeoMet Engineering Pty Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Wet magnetic cleaning of R-LBIF-12 dry concentrate produced an exceptional grade suitable for DRI feed with strong overall recovery, highlighting a potential product quality upgrade option.

Positive factors

  • Achieved the highest concentrate grade of 70.3% Fe, suitable for Direct Reduced Iron feed.
  • Strong total iron recovery of 85.39% (vs ROM) maintained after wet cleaning.
  • Demonstrates potential for a product quality opportunity with a final wet polishing stage.

Negative factors

  • Testwork is preliminary and at bench scale, requiring further validation.
  • Deleterious elements (SiO2, Al2O3, S, P) are present in the concentrate, which may incur penalties.

Evidence · table

“70.3”

Context: R-LBIF-12

bench scaleMagnetite Range Project · iron_oreRecovery: 59.18 %Head Grade: 24.83Head Grade Unit: %View all details
Link to this fact

Identity

Project
Magnetite Range Project
Commodity
iron_ore
Region
australia_wa
Reported Region
Western Australia
Ticker
ACS

Test Work

Program Status
preliminary
Test Type
bench scale
Processing Route
wet magnetic separation cleaning
Sample
R-LBIF-14 (from dry concentrate)

Recovery

Recovery
59.18 %
Recovery Basis
actual_test
Head Grade
24.83
Head Grade Unit
%
Conc. Grade
69.97
Conc. Grade Unit
%

Lab

Laboratory
LONGI Magnet Co., Ltd.
Consultant
NeoMet Engineering Pty Ltd

Review

Needs Review
No
Historical
No

Dates

Event date
2026-09-29T00:00:00.000Z

Reasoning: Wet magnetic cleaning of the low-grade R-LBIF-14 dry concentrate produced an exceptional grade suitable for DRI feed, but with a lower overall recovery, indicating the process can handle variable feed with expected yield differences.

Positive factors

  • Achieved a very high concentrate grade of 69.97% Fe, suitable for Direct Reduced Iron feed, even from a low-grade feed sample.
  • Demonstrates potential for a product quality opportunity with a final wet polishing stage for low-grade material.

Negative factors

  • Lower total iron recovery of 59.18% (vs ROM) after wet cleaning, consistent with its low-grade nature.
  • Testwork is preliminary and at bench scale, requiring further validation.
  • Deleterious elements (SiO2, Al2O3, S, P) are present in the concentrate, which may incur penalties.

Evidence · table

“69.97”

Context: R-LBIF-14

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.