Iron Ore Mining Company
Iron ore is in the form of a rock and from this rock iron is extracted and the iron which is extracted is in the form of hematite, magnetite, goethite, siderite and limonite. The colours of these iron forms are grey, purple, yellow and red. Pig iron is made using the iron ore and pig iron is the main material for making steel.
Iron ore demand is increasing from day to day and in each and every country and its consumption is increasing by 10% every year. The main consumers are China, Korea, Japan, European countries and United States. The biggest producers of iron ore are India, Brazil, Australia, China, and Russia. Pure iron ore is not available on earth so all these are iron ore oxides. All the companies use these oxides for the purpose of infrastructure. There are basically four types of iron ores which are obtained. These are magnetite, massive hematite, titan magnetite, pisolitic iron ore deposits. Different methods are used for the extraction of these metals and it completely depends on the iron oxide. Many companies are trying their level best to extract maximum and best iron ore. Iron are mining companies are every where in the world and these companies are making a huge amount of profit from this business.
Some of the major companies which deals in extraction of iron ore are
1. Essel mining and industries - this the largest mining iron ore mining company in India.
2. Ag land investment broker - this is one of the leading companies in the iron are extracting field.
3. Lundin mining corporation - this is a leading company and extracts a huge amount of iron ore every year.
4. Iron ore deposits pvt corporation - this is one of the biggest company in the iron ore sector.
5. Mitsui and corporation - this is the largest iron ore mining company in Japan and this has various projects around the world and it is constantly planning new projects for expanding its business.
6. Rio tinto Iron Company - this company is having its operational fields in Japan, India, Russia, Australia and china. This company is making its progress very quickly and the main office of this company is in Australia.
7. Cape Lambert Ltd. - this is an Australian company which has its operational fields Western Australia.
There are many iron ore companies are present in the world and they are constantly expanding their business.
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