Engineering Economy Analysis on the Production of Iron Ore ...
plant, and v) beneficiation of the iron ore. The National Iron Ore Mining Project (NIOMP) was established to exploit the Itakpe iron ore deposit. The corporate objec tives of NIOMP are listed as follows 7 : i) to produce and supply of the iron ore requirements of the Ajaokuta Steel Company Limited (ASCL) amounting to × 106 tons per year assaying 63% Fe ii) to .