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Iron Ore We bring forth for our clients Iron Ore that are mineral rocks, from which iron can be extracted economically. Rich in iron oxides, these ores are available in wide variety of colours like dark grey, bright yellow, deep purple and rusty red. Iron ore is also used as a raw material in the production of pig iron, and subsequently steel. Almost 98% of the mined iron ore is used for making steel. Among the many forms of iron such as magnetite (Fe3O4), hematite (Fe2O3), goethite, limonite and siderite, hematite is referred to as the 'natural ore'. This name was christened during early years of mining due to the fact that hematite ores contained 66% iron, and were directly into iron making blast furnaces.
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