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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Steel Authority of India From Wikipedia‚ the free encyclopedia Gnome-searchtool.svg This article ’s factual accuracy is disputed. Please help to ensure that disputed statements are reliably sourced. See the relevant discussion on the talk page. (February 2009) This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. (June 2012) Steel Authority of India Limited SAIL
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large deposits of Iron ore‚ manganese ore and bauxite ore. India has a virtual monopoly over mica. India is self-sufficient in coal but coking coal is limited. India has small deposits of zinc‚ copper‚ lead and gold. It lacks sulphur and is poor in the production of mineral oil and natural gas. We have small deposits of minerals required for nuclear energy. IRON ORE: India has some of the world’s largest reserves of iron ore. India stands second‚ next to Russia‚ in the world in iron ore reserves. The
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wide speculation and interest placed on the iron ore project in the Kalahari in South Africa‚ and it is deemed as being a very attractive investment for New Earth Mining‚ Inc. (NEM). First of all‚ under normal condition‚ this project could contribute around $73 million to the shareholder. The return will be more than 85% over the entire period. Furthermore‚ this project is quite stable because it can deliver a positive NPV for NEM when the iron ore price above $65.83 which is around 17% lower
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A REPORT ON WORKING OF FINANCE WITH REFERENCE TO CAPITAL BUDGETING [pic] BHILAI STEEL PLANT ACKNOWLEDGEMENT We express our sincere thanks & regards to Bhilai Steel Plant‚ for giving us the opportunity to study on the topic “Working of finance with reference to capital budgeting”. First and foremost we express our hearty thanks to our co-ordinator Mr. S.S.Kshatriya (Manager‚ Finance Expansion) for his guidance. We also express our sincere thanks to all the heads of concerned
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Four principal of Managerial functions Sample article: Roberts‚ G 2013‚ Rio Tinto eyes huge growth‚ Australian Associated Press Pty Limited‚ accessed 23/3/2013‚ http://www.news.com.au/business/breaking-news/rio-tinto-lifts-iron-ore-production/story-e6frfkur-1226554420329 This essay is related to the Rio Tinto company and presents some of the management theories and ideas. They are the four principal of managerial functions‚ contingency theory of organisation‚ challenges for management in
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Mayceemae M. Barnuevo CHEM 17.1 13L Group 1 February 7‚ 2014 February 19‚ 2014 Exercise 12 SOME INVESTIGATIONS ON THE CORROSION OF IRON I. Introduction Metals undergo natural destruction that allows a spontaneous deteriorating reaction where they return to their original state from where they are obtained upon contact with the surrounding‚ particularly when reacted to oxygen. Such phenomenon is known as corrosion (Zumdahl‚ 1998). This leads the surface of the materials to rust in due time. Usually
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miner and is divided into five product groups (Rio Tinto‚ 2012). And according to Rio Tinto (2012)‚ they are the aluminium product group‚ the copper product group‚ the diamonds & minerals product group‚ the energy product group as well as the iron ore product group. According to the chairman of the company‚ Rio Tinto has got a good grade in 2011‚ despite the lasting economic crisis and fluctuation of the world (Rio Tinto‚ 2012). Moreover‚ from the chief executive’s statement‚ it can be found that
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that the demand to be significantly higher than the supply of dry bulk capesizes. The case states that Australia and India will increase their roles in the iron ore industry‚ which gives one an optimistic view on the future demand of capesize vessels. The production of iron ore in Australia is expected to increase; and the export of iron ore from India is also supposed to rise. This new possibilities for expansion should increase the demand of Ocean Carriers’ dry bulk capesizes and increase the
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Q.1: what did Churchill mean in May 1945 by the term “Iron Curtain”? A.1: When Churchill stated “An Iron Curtain is being drawn upon their front.” He means that during 1945 when the war was over‚ he was talking about an imaginary line drawn between communism in the East and the democratic governments in the West. This was to prevent more fighting over the systems; Churchill knew that the Soviet Union were dangerous. Churchill wanted the allies to get to Berlin and take it before the Russians would
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