What is Iron Ore Mining?
The mining activity of extracting iron ores economically from the earth’s upper crust is defined as iron ore mining. Mining iron ore is a high volume low margin business practiced widely allover the world, as the economic price of iron extraction is quite low as compared to other minerals. World production of iron ore averages more then one billion metric tones annually. Iron ore mines at present times seems to be quite vast, however mathematics suggest that iron ore reserves would soon deplete if the consumption rate increases exponentially. Iron ore mining methods differ according to the type of ore being mined. Depending on geographical locations there are basically four types of iron ores: • Magnetitie • Titanomagnetite • Hematite • Pisolitic Iron Ore Mining Industry in Mozambique Since long time mineral industry in Mozambique has played a significant role in world’s mineral production. Also regarded as the hidden gem of the Indian Ocean coast of East Africa”, Mozambique, a country
