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15/06/2021  With sub-grade iron ore fines inventory piling up, state-owned Steel Authority of India (SAIL) is looking to set up a beneficiation plant to consume the ore generated by its mines in future. As on March 31, 2021, the company is sitting on total 42.60 million tonne sub-grade iron ore fines and has been able to sell a meager 0.40 million tonne during the year.

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14/06/2019  Steelmakers would ideally prefer high grade iron ore lumps, but its availability is limited. The immovable stocks at mines are also on account of many beneficiation plants being idled – a total capacity of 47 mt in Odisha alone - and pellet capacity being currently underutilised, PMAI countered. Half of the 75.68 mt of iron ore fines ...

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India was last a net importer of iron ore in 2015 when the country imported 12.09 mln tn and exported 6.12 mln tn. Since then India’s exports have far exceeded imports. In 2018, the country imported 12.8 mln tn of the ore and exported 16.19 mln tn, according to commerce and industry ministry data. In Apr-Sep this year, the country imported 900,000 tn of the ore and exported 17.18 mln tn due ...

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28/05/2009  Iranian iron ore miner Gol-e-Gohar has announced that it is to set up a new beneficiation plant and also that it has plans to build a new steel producing facility in the future. "Gol-e-Gohar is to set up a new beneficiation plant having an annual capacity of 2 million mt per year with an estimated investment of €60 million, while it will also ...

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