To extend the utilization of obtainable uncooked supplies, the Ministry of Metal has directed built-in metal gamers to utilize iron ore fines in metal making after its beneficiation. As per sources, the ministry has additionally advised that gamers have a look at choices like buying coking coal mines overseas.
That is aimed toward rising the supply of uncooked supplies at aggressive costs, they stated.
“It has been conveyed to them that iron reserves are restricted within the nation and to protect that, gamers should additionally use low grade ore by way of beneficiation course of. They’ll additionally search for coking coal mines exterior India,” the sources stated.
Iron ore and coking coal are the 2 key uncooked supplies used for manufacturing metal by way of blast furnace route. Whereas iron ore is obtainable in abundance, for coking coal, India stays closely depending on imports.
Main gamers use solely excessive grade ore (lumps), with 65% and above iron content material, to make metal by way of BF (blast furnace). Fines are low grade ore having iron content material or 64% or much less.
Beneficiation of low grade ore provides to the general value of manufacturing.
