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Economic Demonstrated Resources (EDR) of iron ore in 2012 increased by 18 per cent to 44 650 Mt. The Pilbara EDR had a 3% increase during the 2012 period. The volatility of the iron ore price during 2012 resulted in deferrals of ongoing exploration and development for some major iron ore projects in the Pilbara region.
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Beneficiation plant process of iron ore and beneficiation equipments in India Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in color from dark grey, bright yellow, deep purple, to rusty red.
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Kudremukh Iron Ore Company (KIOCL) is planning to set up four new pellet and beneficiation plants in India. The company is holding discussions with SAIL, RINL, Orissa Mineral Development (OMDC) and NMDC to set up four new pellet and beneficiation plants through separate JVs.