Asset Optimization. The Asset Optimization journey which started in 2011 has steadily been part of the Vedanta group of companies and has become one of the key drivers and helps adherence to the annual business plan.
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Mining industry's apex body, Federation of Indian Mineral Industries (FIMI), has decided to move the Supreme Court with an appeal to allow Karnataka's iron mining industry to sell ore to more players apart from manufacturers to clear their stock.
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Iron ore is a type of mineral and rock from which metallic iron is extracted economically. This ore is normally rich in iron oxides and vary in color from dark grey, bright yellow and deep purple to rusty red.
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The plan canvassed the possible construction of 13 new iron ore mines and the expansion of existing mines at Jimblebar, Mining Area C, Yandi and Newman.
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The price of minerals is up all over the world, and mining is a growth business right now. Everyone wants to jump in. There are all sorts of aspects to the mining .
Stuff like gold and iron ore are easy to mine and will sell for big money. The services and equipment needed to run a successful mining business are also huge opportunities. Hundreds of businesses who don't drill for minerals are making profits from just the equipment they supply mining companies.
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