iron ore mining companies in india list

iron ore mining in india list of companies(sail,sesa goa), iron ore mines (orissa,jharkhand,rajasthan) and extraction process | green world investor

Iron ore is abundantly available in the Earths crust. It forms the basic raw material for Iron & Steel industry. Coal is the other important input that goes into the Steel Industry.Coal Mining Stocks in India are doing very well as massive demand from the Electricity Sector is driving the prices up.Abundant Iron and Coal has made Steel Companies in India amongst the lowest cost producers of Steel in the World.India has large reserves of good quality of iron ore which can meet the growing demand of domestic iron & steel industry and can also sustain considerable external trade. With the total resources of over 25.25 billion tonnes (both haematite & magnetite), India is one of the leading producers as well as exporters of iron ore in the world. India is endowed with significant mineral resources. India produces 89 minerals out of which 4 are fuel minerals, 11 metallic, 52 non-metallic and 22 minor minerals.

The total value of mineral production was Rs. 5,68,070 million in 2000-01, of which the value of minerals other than petroleum and natural gas was Rs. 3,06,751 million. The metallic production is accounted for by iron-ore, copper-ore, chromite and zinc concentrates, gold, manganese ore, bauxite, lead concentrates. India ranks 4th in iron ore (source Ministry of Mines). The Ministry of Mines is responsible for the survey and exploration of all minerals (other than natural gas and petroleum), for mining and metallurgy of non-ferrous metals.

Haematite and magnetite are the most prominent of the iron ores found in India.The major deposits of iron ore are located in Jharkhand, Orissa, Chattisgarh, Karnataka and Goa States. About 60% of haematite ore deposits are found in the Eastern sector and about 80% magnetite ore deposits occur in the Southern sector, specially in Karnataka. Of these, haematite is considered to be superior because of its high grade. Major haematite resources are located mainly in Jharkhand- 4036 MT(28%), Orissa-4761 MT (33%), Chattisgarh-2731 MT (19%), Karnataka-1676 MT (11%) and Goa-713 MT (5%). The balance resources spread over the states of Maharashtra, Madhya Pradesh, Andhra Pradesh, Rajasthan, Uttar Pradesh and Assam together contain around 4% of haematite. Magnetite ore deposits are mainly confined to the Chikmagalur district in Karnataka and Salem and North Arcot districts in Tamil Nadu.

Production of iron ore in the country is through a combination of large mechanised mines in both public and private sectors and several smaller mines operated in manual or semi mechanised basis in the private sector. During 2001-02, 215 iron ore mines were operating in a total 638 leases which increased to 261, during 2005-06 operating in 505 leases. During 2006-07, India produced 172.3 MT of iron ore including lump, fines & concentrate. Normally, iron ore mining in India is done by opencast method and on the basis of mining methods, the mining can be broadly divided into two categories, i.e., manual and mechanized. Majority of the large mechanised mines are in the public sectors whereas manual mines are mainly in the private sector. In order to support steel production of 110 MT by 2019-20, the requirement of iron ore is placed at 190 MT & exports have been estimated to be around 100 MT. World iron ore production was 1,690 MT in 2006. Although iron ore is mined in more than 50 countries, the bulk of world production comes from just a few countries. The five largest producers are Brazil,China, Australia, India & Russia.

The exploration, exploitation and associated activities of iron ore mining directly infringe upon the environment and affect air, water, land, flora & fauna. The most significant environmental damages due to iron ore mining in India are the deterioration of forest ecology, alteration of land use pattern and change in local drainage system due to inadequate landscape management during mining operation and improper & inadequate rehabilitation strategy adopted.

Number of Reporting Iron Ore Mines in India: Year No. of reporting mines 2000 01 208 2001 02 215 2002 03 242 2003 04 266 2004 05 270 2005 06 261 Source: IBM, Nagpur

iron ore mining company in india | essel mining

Essel Mining & Industries Limited (EMIL) is part of the US$43 billion Aditya Birla Group, India's first truly global corporation with operations in35 countries. Set up in 1950, the company today is among India's largest iron ore mining companies and has also made forays into coal and dolomite mining.

EMIL endeavours to create high value for customers, which is evident in its strong distribution network and customer service. Its focus on R&D has enabled it to attain a global position and reach, and its emphasis on quality has helped it to match global benchmarks in various operational parameters.

15 top mining companies in india 2021 | bizapprise

With a total of about 3,000 mines spread around in the country, India produces around 95 minerals with the reputation of being the third and the fourth-largest producer of coal and iron ore respectively. As of February 2020, the total iron ore production was about 206.24 MT.

Coal India Limited is a public sector undertaking headquartered in Kolkata and is the largest coal-producing company. It contributes 82% of the countrys total coal production. It has 214 coal mines and 12 cake ovens. The company produced around 544.41 MT in 2016 from just 431.2 MT in 2014.

The companys total revenue is 102,185 C INR with an operating income of 24,545 C INR. The net income of the company is 16,701 C. The total assets and equity value 150,121 C and 25,994 C respectively. It was formed to enable better operational efficiency of coal production. The company has 12 subsidiaries in the Indian subcontinent. Indian government held 100% shares till 2010.

The total number of employees is around 272,455 who work for the companys mission and goal. The company planted around 1.57 million samplings in the year 2014-2015. These mines include 48 open cast and 21 combined mines. It ranks among the top 20 firms.

Vedanta Limited is a company based in India with its main operative branches in Goa, Karnataka, Punjab, and Rajasthan. It is headquartered in Mumbai. It has a mining unit apart from the oil and gas unit. The main products include zinc, crude oil, iron ore, steel, aluminum, and copper.

The company has conducted many operations including Bharat Aluminum Company, Hindustan zinc, and Sterlite copper. The total revenue of the company is 86,957 C INR with an operating income of 3,282 C INR. The total asset and equity values are about 1,83,622 C and 71,747 C. The total number of employees is around 76,752 in 2019.

The company holds 50% equity in Goa maritime private limited and also acquired control of Electro steels limited. The company has entered into its first unique partnership with the ministry of women and child development. In spite of many controversies, the company received Indian affairs most valuable aluminum company in 2018.

NMDC is an Indian public sector mineral producer. It is 69% owned by the government under the council of the ministry of steel. It is Indias largest Iron ore producer and exporter with around a total of 35 MT with a mechanized diamond mine in the country.

The company has 4 operating mines including the Bailadala Iron ore mine. The company holds the Nagarnar steel plant with a production volume of 3 MTA based on HiSmelt technology. The total revenue of the company is 11,699 C with an operating income of 6,133.3 C INR. With a total of 6000 employees with a total equity value of 27,533 C INR.

The legacy Iron ore owned by NMDC in Australia holds majority shares in gold and iron ore projects in Western Australia. It was awarded the corporate social responsibility award. The life insurance corporation is the largest non-promoter shareholder.

MOIL Limited is a manganese ore company situated in Nagpur, India. Contributing to about 50% of the total manganese production in India, it is the largest producer of manganese. It has been ranked amongst the Fortune global 500 companies for mineral mining. The company owns around 11 underground mines and three opencast mines with Balaghat being the largest of all.

The total manganese production was around 1.3 MT in 2020. The refined manganese dioxide is also used to feed cattle. The company produces 1000 tons of electrolytic grades for batteries. The total production output is 1,093,630 tons as per the reports of FY 2020.

The companys total revenue is about 6287 million with a total asset value of 37,560 million. It is a miniratna state-owned firm in and around Maharashtra and Madhya Pradesh. The government of India owns 10% of the equity of the company.

GMDC was formed and made to evolve in the state of Gujarat which is rich in high-grade lignite, the company mines and domestically export ball clay, fluorspar, bentonite, limestone, silica sand, and manganese. All manganese bearing grounds in the state have been reserved for GMDC or GUJ mineral development corporation.

The total revenue is around 1600 C with an operating income of 552 C INR. The company operated in the country with a total of 1567 employees managing to stay in the position of prominence. The annual turnover crosses 10 billion with good growth in profit returns.

Apart from mining and mineral processing, the company also owns power plants in and around the state. It has many plants including special captive mines to increase the annual production of lignite and manganese.

Maithan Alloys is among Indias leading exporter and producers of niche value-added manganese. It also has regular consumers from around the world. Many products including Ferromanganese and silicomanganese.

It is a part of the Maithan group currently valued at around 16,000 C INR. The plants and mines are spread around in many states including Jharkhand and Uttar Pradesh. The company has adopted sustainability as one of its foundations to ensure profitability and good growth in formative years.

Sandur Manganese is among Indias most diversified and integrated companies with a scientific and innovative approach towards mining and mineral processing in the country. The company has received many awards for its work in the industry with recognition for being the best mining company in Karnataka.

The company started its business in the Sandur hills which have a rich history of manganese presence since the 1800s. The first Ferroalloy plant was set up by them in the year 1968 and then opened a foundry for pig iron production. Along with iron ore and manganese, the company also owns power plants for power generation and distribution to state grids.

Odisha Minerals is a unit started and maintained by the government of Odisha to celebrate the rich mineral source in the state. Along with iron ore, manganese, Bauxite, and limestone, many decorative metals, granite, and diamonds are also found in the state. It is maintained by the steel and minerals department which also lays emphasis on the end-use of minerals.

Manganese, Chromite, Dolomite, and Iron are amongst the most produced chemicals. It is a subsidiary of Rashtriya Ispat Nigam Ltd. The company operates six mines in the country for iron ore and manganese.

Headquartered in Kolkata the net income value and the total asset value are respectively 79.14 C and 475.95 C INR. The Company has state-of-the-art technology to ensure proper safety and protection for the employees.

According to the Bombay stock exchange report, Deccan Gold Mines Ltd. is the first and the only company in the country to redefine the prospects of gold mining. The companys main objective is to improve the presence of gold in commercial gold protection.

They have good shareholder support with well-planned management to work towards increasing the mining units. Their unique and interesting approach towards operations includes remote sensing, proper geographical marking, and multi-element chemical analysis with many honorable projects like the Dharwar Shimoga belt and Hatti Maski belt.

Indian Metals was established in the state of Odisha for its rich natural resources that would ensure a good growth rate for their mining projects. It has good consumer satisfaction reports with recognition across the globe as one of the most cost-efficient companies.

With over 60 years of experience in the industry, Ashapura Minechem Ltd. is an excellent solution maker for multi-mineral problems. They manufacture and distribute soaps, steel, edible oils, medicines, and cement. They have good conditioned types of equipment with measures to ensure that minimal damage is done to nature.

Revenue from operations increased from 427.64 C in 2011-2012 to about 592.42 C in 2015. They have many plants including one in Kutch, Gujarat. Their profit rate has also increased by 7% in the last five years.

ASI Industries Ltd. is one of Indias distinguished mining companies and has a long history of supplying its consumers with high-quality Kotah products. It owns the largest stone mining quarry in the world spread across 10 km in area. The company has crossed milestones in the last decade with its innovative approach and the cutting-edge quality equipment used.

In 2014, the company acquired the Rawasi Rocks ltd and ventured into the limestone production arena. The main areas of focus are wind power and natural stones like Dakotah and sandstone. The surveys include a detailed three-dimensional examination of the quarry.

INDSIL Hydro is known for its processing and mining of specialty alloys. Apart from the smelters being updated frequently, the captive power generation has put them in the global race for being competitive. Low power and ultra-low power silicon-carbon ensure better productivity in the manufacturing of stainless steel.

They have many power plants around the country. Some of the most famous among them include ALTAMMAN and Indsil Hydropower plant. Other products are Ferrosilicon and Ferromanganese. The Ferrosilicon produced is also used for converting metal oxides thereby making the process cost-efficient.

Ferro Alloys started with a Ferro-manganese plant in Andhrapradesh to produce Ferromanganese and then later diversified into many divisions of mining. FACOR has the capacity to produce 65000 TPA of Ferrochrome and 250000TPA of chrome ore in Odisha. Along with mining, they are pioneers in manufacturing and marketing.

Their main products include Ferroalloys, Ferrochrome, and chrome ore substances. Their mining complexes are built with utmost care and a state of the art technology to ensure the safety of the workers. Their revenue from operations saw a great hike from the year 2016 to 2020.

Nagpur Power mainly operates a Metal recovery plant and produces low Ferromanganese through the slag recovery process. The Motwane group is its subsidiary and has good visions for manufacturing and distributing mine products.

The products include Ferromanganese, Ferrochrome, and sandstones. Their mining areas are well equipped with cutting-edge quality equipment. Even though the growth in revenue showed a very slow yet gradual increase, their products are rated high among the others.

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india: iron ore mines 2019 | statista

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