Chip transporting conveyor

A chip transporting conveyor comprising:

• a conveyor frame;
• an endless carrier movably mounted on said conveyor frame and operable in circulatory motion for transporting chips and discharging at a terminal end of a conveyor zone;
• said endless carrier having at least one magnet housing extending transversely of the endless carrier;
• and
• a permanent magnet body accommodated in said magnet housing and movable by gravity as said endless carrier travels in circulatory motion therein between an attractive position in which said permanent magnet body is located adjacent to an inner wall surface of said magnet housing for attracting the chips to an attracting surface of said magnet housing while the chips are being transported and an unattractive position in which said permanent magnet body is located remotely from said inner wall surface for discharging the chips off said magnet housing when the latter is inverted around said terminal end.