Strong Iron Ore Production Growth for SAIL in 2019

Steel Authority of India Ltd registered an iron ore production growth of about 5 percent in the calendar year 2019. The total production from eight iron ore mines of SAIL was 43.67 million tonnes. The iron ore mines in Jharkhand posted a growth of 5.25% to 21.99 million tonnes whereas the mines in Odisha posted a growth of 4.62 % to 21.68 million tonnes during the calendar year.

The growth in iron ore output, which registered best-ever record in production and despatch, ensured better raw material security for the SAIL’s eastern sector steel plants which get iron ore supply from the mines operating under SAIL’s Raw Materials Division in Jharkhand and Odisha. 

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12 World’s Largest Iron ore reserves 2020

Brazil and Australia accounts for the major production of iron ore worldwide. As of 2020, Brazil had reserves of 34 billion metric tons of crude ore whereas Australia has about 50 bilion tons of crude ore.
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