Iron Production via Ore Mining, Crushing, Concentrating, Extracting Using Blast Furnace
Production Cost Report | Energy, Metals and Minerals
Iron Production Cost Breakup via Ore Mining, Crushing, Concentrating, Extracting Using Blast Furnace
Details: Germany - based plant Q1 2024 | From $ USD
This report provides a thorough cost evaluation of the production of iron via ore mining, crushing, concentrating and extracting iron using a blast furnace. The process involves mining iron ores using surface mining, led by crushing the ores into smaller sizes, followed by concentrating the iron using density differences of different materials present in the ore or separation by magnetic techniques, after which the fine ores are sintered, where the iron ore is mixed with coke and heated. The sinter is an agglomerated form of fused iron ores suitable for the blast furnace. The sinter is introduced in the oxygen-rich blast furnace containing coal. The iron from the sinter and the ore gets collected at the hearth of the furnace. Finally, the molten or pig iron is collected from the bottom of the furnace.
The project economic analysis provided in the report discusses a Germany-based plant:
- Manufacturing Process
- Process Flow
- Material Flow
- Material Balance
- Raw Material and Product/s Specifications
- Raw Material Consumption
- Product and Co-Product Generation
- Capital Investment
- Land and Site Cost
- Offsites/Civil Works
- Equipment Cost
- Auxiliary Equipment Cost
- Contingency
- Engineering and Consulting Charges
- Working Capital
- Variable Cost
- Raw Material
- Utilities
- Fixed Cost
- Labor Requirement & Wages
- Overhead Expenses
- Maintenance Charges
- Financing Costs
- Interest on Working Capital
- Interest on Loans
- Depreciation Charges
- General Sales and Admin Costs
- Production Cost Summary
Report Content
Key Process Information
Evaluation of significant technical parameters along with process descriptions such as:
- Consumption of Raw Material
- Product Creation
- Block Flow Diagram
- Description of the Manufacturing Facility
Utilities Consumption
Evaluation of utilities consumed during the entire process based on:
- Consumption per unit of product generated
- Utility cost split and share of each utility in the total cost
Process Flow Diagram
Representation of various operations involved including:
- Step-wise process
- Utility consumption in each operation
Capital Cost Analysis
In-depth analysis of costs involved in setting up a new manufacturing unit, including:
- Cost of Building a Process Unit
- Cost of Setting Up the Infrastructure
- Working Capital
- Commissioning & Start-Up of the Plant
Implementation Schedule
Time frame of the project design, which includes:
- Plant Start-Up
- Plant Construction
- Engineering Fundamentals
- Raw Material Procurement
Construction Cost Details
Detailed analysis of costs involved in the operation of various functional units in the process unit and infrastructure.
Operating Cost Analysis
Evaluation of costs associated with the production of the final product, namely:
- Procurement of Raw Materials
- Consumption of Utilities
- Fixed Costs
- Depreciation
Economic Analysis
Analysis of the way in which process economics are impacted by plant capacity.
- Construction Cost
- Working Capital
- Fixed and Variable Operating Costs
- Corporate Overhead
- Depreciation
Customized Analyses
Detailed cost estimates of any industrial plant depending on your requirements, including plant capacity and location as per the need.
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