Chalcopyrite copper during hydrothermal circulation. Chalcopyrite is concentrated in this environment via fluid transport. Porphyry copper ore deposits are formed by concentration of copper within a granite stock during the ascent and crystallisation of a magma. Chalcopyrite in this environment is produced by concentration within a magmatic system. Chalcopyrite is an accessory mineral in Kambalda type komatiitic nickel ore deposits, formed from an immiscible sulfide liquid in sulfide-saturated ultramafic lavas. In this environment chalcopyrite is formed by a sulfide liquid stripping copper from an immiscible silicate liquid. Chalcopyrite is the most important copper ore. Chalcopyrite ore occurs in a variety of
Iron ore magnetite resources is irrelevant as a banded iron formation can be hundreds of meters thick, extend hundreds of kilometers along strike, and can easily come to more than three billion or more tonnes of contained ore. The typical grade of iron at which a magnetite-bearing banded iron formation becomes economic is roughly 25% iron, which can generally yield a 33% to 40% recovery of magnetite by weight, to produce a concentrate grading in excess of 64% iron by weight. The typical magnetite iron-ore concentrate has less than 0.1% phosphorus, 3–7% silica and less than 3% aluminium. Currently magnetite iron ore