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Essel Mining Industries Limited (EMIL) is part of the US43 billion Aditya Birla Group, India's first truly global corporation with operations in 36 countries. Set up in 1950, the company is today amongst India's largest iron ore mining companies and has also made forays into coal and dolomite mining.
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After removal of the mining ban by the Supreme Court in 2014, the state is allowed to mine 20 million tonnes (MT), with the highest share of MT going to the Anil Agarwal ledfirm. Country's single largest iron ore producer, NMDC which with an annual 30 MT output has recently hiked ore prices.
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Iron ore is found in nature in the form of rocks, mixed with other elements. By means of various industrial processes incorporating cuttingedge technology, iron ore is processed and then sold to steel companies. The iron ore produced by Vale can be found in houses, cars and appliances.
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· Brazilian miner Vale recently said that its big clients have agreed to a 65 percent increase in iron ore prices for 2008. NMDC sets its contracted iron ore prices based on those of the world's top miners. Som added the company was also looking to process more of its lowvalue material called slime and convert it into pig iron.
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India iron ore mining plant beneficiate fine iron ore through gravity separation and magnetic separation with high gradient. The plant will be capable of processing 250 tons of fine iron ore per hour.
