Magnetite from Rana Gruber is a chemical-free iron oxide concentrate.
Key customers for the magnetite concentrates are within the chemical industry, mostly the European water purification industry.
Rana Gruber has a leading position in this market. In addition to water treatment, the magnetite concentrates are applied in a variety of products, such as cosmetics.
The company has announced a strategic initiative to increase the production of magnetite, following increased demand and premium pricing.