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Sources of oolitic iron ore worldwide are abundant and ubiquitous, but there is currently no commercial technology to extract iron from oolitic iron ores. Mineral processing of the ore to generate a commercial iron ore concentrate is very challenging due to the nature of these ores.

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Ore, which contains an economical use of iron, is called an iron ore. There are many types of iron ore, magnetite (Fe3O4), hematite (Fe2O3) and (FeCO3), etc, which are mainly used for iron making. Iron ore is an important raw material for iron and steel production enterprises.

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Beneficiation of Iron Ore and the treatment of magnetic iron taconites, stage grinding and wet magnetic separation is standard practice. This also applies to iron ores of the non-magnetic type which after a reducing roast are amenable to magnetic separation.

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The Lower grade sources of iron ore generally require beneficiation, using techniques like crushing, milling, gravity or heavy media separation, screening, and silica froth flotation to improve the concentration of the ore and remove impurities.

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Thus, if from an iron ore containing 48 per cent iron, as mined, 6 per cent moisture be abstracted, it yields a product of approximately 51 per cent iron. Considerable money has been spent in developing the drying of iron ore, and the results have been very satisfactory.