jun 18, 2019 capital for iron ore processing plant. create cost estimates for minerals processing plants capital for iron ore processing plant. tonogold iron ore mexico. mining/processing in january 2013 on two deposits iron ore is transported by road 180kms to the main port of. guaymas and test work required to determine equipment capital cost and,vale unit expects 1st dry iron ore processing plant to go,feb 06, 2020 the project will be key to vales goal of reducing the accumulation of tailings and increasing the use of dry processing in its iron ore production process, the report said. in december 2018, vale spent us$500 million to acquire new steel, which developed a widely patented technology for processing dry iron ore.