Iron Ore Information - Iron Ore Mining Exploration, Iron Ore Mining Company

Iron ores are the rocks and minerals from which metallic iron can be extracted economically

. These ores are usually rich in iron oxides and are found in different colors. Iron ore is used to make pig iron, which is one of the main raw materials used in production of steel. The three main sources of iron ore are Banded Iron Formations which are sedimentary rocks composed of thinly bedded iron minerals and silica, magnetite ore deposits, and hematite iron ore deposits which are exploited more in South America, Australia and Asia. Iron which is used to make steel is the world's most commonly used metal, of which iron ore is the key ingredient. It represents almost 95% of all metals used per year. It is used primarily in structural engineering applications and in maritime purposes, automobiles, and general industrial applications like machinery.

Iron Ore Mining

The activity of extracting iron ores economically from the earth's upper crust is defined as iron ore mining. Iron ore mining methods differ by the type of ore being mined. The principle ores of iron are Hematite containing 70% iron, Magnetite containing 72 % iron and Taconite which is a low-grade iron ore, containing up to 30% Magnetite and Hematite. Hematite is iron oxide and is sedimentary in origin and is found in the Banded Iron Formations. Taconite is a silica-rich iron ore that is considered to be a low-grade deposit that can be processed to produce good quantities of iron. These iron ores ideally consist of oxygen and iron. They may also contain other host of elements like sulphur, phosphorus, aluminum etc. To convert it to metallic iron it must be smelted to remove the oxygen and other unwanted elements.

Mining iron ore is considered as a high volume and low margin business which requires investment in infrastructure such as transport charges. For these reasons, iron ore production is concentrated in the hands of only a few major players. One of them is Rachana Global.

Iron Ore Mining Company

Rachana Global having immense talent in exploring the new areas of natural resources and mineral mining is one of the oldest players in natural resources exploration and mineral mining. Rachana Global by its extreme efforts has identified iron ore deposits in the Nampula province in northern Mozambique.

Major producers of iron ore include Australia, Brazil, China, Russia, and India. There are vast reserves of iron ore at present, but the researchers suggest that the continual exponential increase in consumption can even make this resource quite finite after a period of time. Rachana Global with the help of its experienced geologists, geotechnical engineers, iron mining engineers, iron ore technologists and surveyors is continuously discovering new ways of mining iron ore to achieve commercial success. Rachana Global aims at harnessing natural resources and creating growth. It relies upon nature's strength that keeps it going strong on the path of growth.

Iron Ore Information - Iron Ore Mining Exploration, Iron Ore Mining Company

By: Manoj Sompura

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