About Iron Ore
About Iron Ore

Iron is one of the more common elements on Earth, making up about 5% of the Earth's crust.

Iron is extracted from the ore hematite, which is mainly Fe2O3. The iron is separated from the ore by reduction with carbon - a more reactive element. This process takes place in a blast furnace at temperatures of about 2000°C.

Iron Ore - Industry Basics & Links

Iron ore is a mineral substance which, when heated in the presence of a reductant, will yield metallic iron (Fe). It almost always consists of iron oxides, the primary forms of which are magnetite (Fe3O4) and hematite (Fe2O3).

Iron ore is the source of primary iron for the world's iron and steel industries. It is therefore essential for the production of steel, which in turn is essential to maintain a strong industrial base. Almost all (98%) iron ore is used in steel making. Iron ore is mined in about 50 countries.

In India it is mined in the states of Goa, Karnataka, Andhra, Chhattisgarh, Madhya Pradesh, Jharkhand and Orissa.

Following are the procedures & documents required to be an exporter of Iron Ore Fines:

Those who are interested in Export of Iron Ore Fines Ex-Paradip/Haldia/Kolkata Ports, they should have a Plot registered in their name allotted by the Port Authority in case of Paradip Port. Availability of Plots inside Paradip Port premises is very difficult due to the shortage of Area in side the Port Premises. For the Plot to be registered officially, one must apply to the Traffic department of Paradip Port, and on the basis of the application, whenever any plot is being auctioned by the Port Authority, will be informed to the concerned applicants via e-mail or by fax, probably after a year or two. Export to be effected from Haldia & Kolkata ports arrangements to stock the quantity can be possible even at outside the port premises

Procurement of Material in the State of Orissa is being monitored by the department of Mines, Government of Orissa, for which “Trading Licence” is required. To get a Trading Licence, IT & ST clearance certificate along with the application money with IEC Code and Overseas Contract are necessary documents to produce before the Office of the department of Mines, located in three sectors particularly – Keonjhar, Joda & Sundergarh. Agreement with Mine Owner and Profile of the Company is also required along-with Plot Allotment Certificate. Incase the material is being brought from Jharkhand state, from the district head quarter particularly from Dist – Singhbhum (West), where the mines are located, the party must have the registration certificate from the concern authority to deal in Iron Ore Fines.

The Licence is valid upto two year from the date of issue and is being renewed annually with the proper records of the Document of the transaction i.e. buying, selling and trading etc. Time to avail the Licence is required minimum 60 days with an estimate cost of Rs. 1,50,000/- Minimum.

To avail the Railway Rakes following documents are required:
1.       Copy of the allotment letter of Port’s Plot.

  1. Overseas Contract Copy
  2. Traffic Manager’s letter to accept the Railway Indents
  3. Export Licence
  4. Undertaking to Railway on duly executed Stamp Paper
  5. Blank ‘H’ Form
  6. Export House recognition certificate

Accordingly an exporter of Iron Ore Fines should have the following documents in total:

    1. VAT Registration/CST/OCTROI are required also
    2.  A local Address in the State of Orissa
    3. Form ‘H’ to be Handed over to the Procurer and Railway Authority for Railway Rake Allotment
    4. I.T. & S.T. Clearance Certificate
    5. Original Letter of allotment of Port Plot
    6. Traffic Manager’s letter to accept the Railway Indents
    7. Import & Export Code (Licence)

Trading Licence issued by the Department of Mines, Govt. of Orissa

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