Beneficiation Potential
The capability of a mineral deposit or ore type to yield an economically improved product through beneficiation, assessed through mineralogical analysis and metallurgical testwork. High beneficiation potential indicates that low-grade material can be upgraded significantly to meet market specifications or refinery requirements. Beneficiation potential studies evaluate achievable grade uplift, recovery rates, and processing costs to determine economic viability. In iron ore and bauxite, assessing beneficiation potential is critical for resource classification and project economic evaluation.