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regarding taconite iron ore processing. taconite mining and processing fall under the north american industry classification system 21221 iron ore mining. according to the 1997 economic census of manufacturing, in 1997, establishments owned by companies produced products that are categorized in naics 21221 (u.s. department ofhardey processing facility mtpa export page final AS introduction 1.1 background australian premium iron management pty ltd is proposing to mine, process and produce up to million tonnes per annum of iron ore at the proposed west pilbarafeb 07, 2020 vale to build new steel plant and boost dry iron ore processing aims. vale says it plans to invest up to $100 million to build an industrial plant for dry magnetic concentration of low-grade iron ore, bolstering its efforts to eradicate wet tailings facilities at its mines. the technology, known as fdms is ore from the mine is stored in a covered coarse ore stockpile facility prior to transport by road approximately 105 km to the humboldt mill. the humboldt mill is a former iron ore processing plant site that has been converted and refurbished to process eagle mine ore.the ore processing facility at firetail will process bedded iron ore for the first two years of mining. the deposits will be dry-processed for the direct shipping of ore. the ore is crushed in the primary crushing hub and transported back to the opfs for grinding and separation.