Project Report Mining And Manufacture

Project Report on Iron Ore Mining And Manufacture Of Sponge Iron 

Iron  ore is extracted from the mines. Containing  Iron  ore deposits.  As a matter of fact, iron ore deposits are farmed by many different processes e.g. weathering,   sedimentation, hydrothermal   and   chemical.  Iron ores occur in igneous, metamorphic,  and  sedimentary deposits. To be classified  as  an ore,  iron-bearing,  mineral deposits must be  capable  of  being mined  and reduced to iron on commercial basis. Direct shipping ores are  those  that  can be shipped  as   mined,  without  any beneficiation, and contain from 25-68% iron. Some lower grade ores are  mined but these  ore beneficiated before being sent  to  iron making furnaces.

 Most of the mines produce a magnetic are and beneficiate and agglomerate it before shipment.

 The state of a country's iron and steel industry provides an index   of  its  industrial  progress.  A  universally   accepted yardstick for measuring a country's level of economic development is its per capita Consumption of steel. Judged by the  Yardstick, the  depressing  fact remains that India is among  the  countries with  the  lowest per capita consumption of steel in  the  world, with only 14 kg Developed countries such as Sweden, West Germany, Japan and U.S.A. have high per capita consumption figures.

  The  basic  raw  material for  Electric  Arc  Furnace  (EAF) steel  making  is  steel  scrap. With the  rapid  growth  in  EAF steel  making, demand for scrap has been on the increase. On  the other hand, improvements in steel making practices and subsequent processing  steps of casting and rolling have improved yields  of semis  and  finished products which has led to reduction  in  the volume of return scrap generated in these operations. The problem of  scrap  shortage  necessitated  the  search  for  a   suitable alternative and today sponge iron is found to be technically  and economically a viable substitute for scrap. Sponge Iron or Direct Reduced  Iron (DRI) is used as a substitute for scrap in  EAF  to varying  extent depending on quality, availability,  requirements etc. Further, growing acceptance of sponge iron as a feed to EAFs and  success  of sponge iron processes in  commercial  operations have  led  to  the concept of Direct Reduction  --  Electric  Arc Furnace (DR-EAF) route for bulk production of steel.

Contents of the Project Reports

• Introduction

• Uses and Applications

• Properties

• Market Position

• Present Manufacturers 

• Detailed Process of Manufacture 

• Formulations

• B.I.S. Specifications

• Process Flow Sheet Diagram, Plant Layout,

• Cost Economics with Profitability Analysis 

• Capacity 

• Land & Building Requirements with Rates

• List & Details of Plant and Machinery with their Costs

• Raw Materials Details/List and Costs

• Power & Water Requirements

• Labour/Staff Requirements

• Utilities and Overheads

• Total Capital Investment

• Turnover

• Cost of Production

• Break Even Point

• Profitability

• Land Man Ratio

• Suppliers of Plant & Machineries and Raw Materials

• Cash Flow Statement

• Repayment Schedule

• Interest Chart

• Depreciation Chart

• Projected Balance Sheet for 5 Years etc.