Open pit mining is used for the production of iron ore Iron ore can be mined from all places in the world but to be commercially viable the percentage of iron in this iron ore needs to be at least 20% This is because lower iron content in the ore will render all the money and effort exerted in mining the ore from under the surface of the
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Get PriceIndia Mining Mineral Processing Equipment NMDC Limited is Indias largest iron ore producer and exporter mining over 30 million tons per year from its three fullymechanized mines It has been provided with targets by the Ministry of Mines to increase output to 75 million tons by 2024 NDMC is acquiring new mining leases in iron ore coal and diamonds
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Get PriceIt comprises approximately 93% of the tonnage of all the metals used India is the only country in the world possessing huge recoverable reserve of iron ore to the tune of 13 400 million tons with average Fe content of 63% Hence the global steel industry is eyeing India in order to meet the iron ore requirements for steel production New
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