MBA 816 Operations & Production MGMT Iron Ore Company of Ontario “A3 Written Assignment” December 12‚ 2011 Presented to: Dr. James Mason Presented by: Ahmed Omar Afify Student ID: 200-305-478 ------------------------------------------------- Issues * To minimize total waiting time and stockpile re-handling costs (Keep operations costs as low as possible). * To improve productivity process
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A LINEAR PROGRAMMING MODEL OF INTEGRATED IRON AND STEEL PRODUCTION *t TmOR FABIAN University of California‚ Los Angeles Integrated steel mills usually have a choice over the use of various materials and production procMses. Different ores may be used in the proiduction of iron; steel scrap and iron can be used in different proportions in the production of steel. The economical usage rate of all materials is a fimction of numerous variables‚ among which the market price of some materials‚ notably
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Transport of ores by barges is the cheapest option as compared to road and rail transport. Goa is a major iron ore exporting state and over 60% of Country’s iron ore export is from Goa. In terms of foreign exchange earnings it amounts to nearly Rs.1000 crore per annum. Mining in Goa is done by open cast method which necessitates the removal of overburden overlying the iron ore formations. On an average about 2.5 to 3 tones of mining waste has to be excabvated so as to produce a tone of iron ore. The average
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magnetic field strength. Different magnetic separators have different characteristics and performance. The common things have magnetite iron ore (belong to strong magnetic minerals)‚ hematite (belong to weak magnetic minerals)‚ limonite‚ lens iron ore‚ siderite (they are weak magnetic minerals)‚ etc. They are the raw materials of iron and steel industry‚ China’s iron ore grade is low‚ most of the impurities high‚ so more than 80 percent of the need for magnetic separation. Manganese‚ such as hard manganese
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Ltd (Coal) and Fortescue Metals Group (Iron). All of these companies appeared to have strong backgrounds with the potential for further growth in the near future. In particular‚ Fortescue looked to be a strong mover with iron ore prices doubling in the recent past. In this way‚ I thus rounded out my portfolio with 50% in one major player in the industry representing varied interests‚ and the remaining 50% split evenly between interests in gold‚ coal and iron. Due to this split‚ I believed any negative
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any scrappings and sinkings. Demand: The demand for dry bulk capesizes was determined by the world economy‚ especially its basic industries. As shown in Exhibit 5‚ since over 85% of the cargo carried by capesizes was iron ore and coal‚ the amount of iron ore vessel shipments approximately reflects the demand for dry bulk capesizes. The amount of fleet size reflects the supply of capesizes. As shown in Exhibit 3‚ the number of new ships delivered in 2001 is 63. Since there
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the iron ore market a crucial one in today’s global economy? Help company to withdraw the instability of commodities market Great advantage : a strong market position Main ingredient in steel One of the key commodities associated with industrialization ( manufacturing car or building skycrapers) What impacts to the iron ore market would have resulted from a successful takeover of Rio Tinto by BHP Billiton? Control of about 75% of the seaborne iron ore Likelihood of iron ore price
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The headquarters is in Melbourne‚ Australia and a major management office in London‚ UK. They have more than 100‚000 employees and contractors across the 25 nations. BHP Billiton is the major producers of commodities namely energy coal‚ aluminum‚ iron ore‚ minerals‚ copper‚ manganese‚ uranium‚ nickel‚ and mining in oil‚ gas‚ and diamond. They have more than 100 mining and processing operations across 25 countries. In the mid year of 2010‚ BHP Billiton earn US$ 12.5 billion of total profit‚ US$
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a type of corrosion but the term is restricted to iron or products made from it. Iron is easily prone to rusting making its surface rough. Chemically‚ rust is a hydrated ferric oxide. Rusting‚ an electrochemical mechanism: Rusting may be explained by an electrochemical mechanism. In the presence of moist air containing dissolved oxygen or carbon dioxide‚ the commercial iron behaves as if composed of small electrical cells. At anode of cell‚ iron passes into solution as
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IRON MAN ARMOUR Iron Man1968 Marvel184 appearances Tales of Suspense1959 Marvel59 appearances The Avengers1963 Marvel58 appearances The Invincible Iron Man2008 Marvel51 appearances Avengers1998 Marvel42 appearances Iron Man1998 Marvel40 appearances The Amazing Spider-Man1963 Marvel38 appearances Avengers West Coast1989 Marvel34 appearances Iron Man2005 Marvel28 appearances Avengers2010 Marvel26 appearances The New Avengers2005 Marvel24 appearances What If...?1989 Marvel20 appearances
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