Iron ores are rocks from which metallic iron can be economically extracted, typically found in the forms of hematite (Fe2O3) or magnetite (Fe3O4). The color of iron ore can vary based on its origin. Iron ore is the primary material used to produce pig iron, which is essential for steel production. In fact, iron ore plays a crucial role in the economy, second only to oil.
It is difficult to imagine modern life without steel, a material used to create countless everyday items. The foundation of this metal is iron, derived from ore smelting. Different types of iron ore vary in origin, quality, mining methods, mineral composition, and the percentage of metals and impurities, all of which influence the justification for their extraction.
Currently, the following types of raw materials are extracted for further metal smelting:
- Titanium-magnetite;
- Apatite-magnetite;
- Magnetite;
- Magnetite-hematite;
- Goethite-hydrogoethite.
Iron ore is considered rich when it contains at least 57% iron, though mining can still be economically viable with as little as 26% iron. Iron in the rock is often present as oxides, with silica, sulfur, and phosphorus as the primary additives.