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Types of iron ore: Hematite Hematite gets its name from the Greek word for blood, haima, because of its reddish color. This is one of the types of iron ore that has very high iron content, and although the iron content of hematite itself is lower than that of magnetite, the mineral sometimes occurs in higher-grade deposits, often referred to as direct-shipping ore

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Beneficiation of Iron Ores. Iron ore is a mineral which is used after extraction and processing for the production of iron and steel. The main ores of iron usually contain Fe2O3 (70 % iron, hematite) or Fe3O4 (72 % iron.

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Nov 15, 2017· Several different types of natural iron ore exist, but the two most common types used for metal refining are hematite, Fe 2 O 3, which is usually 70% iron, and magnetite, Fe 3 O 4, which is 72% iron. Low-grade iron ores also exist, such as limonite, which is hematite bonded to water molecules at 50% to 66% iron, and siderite, FeCO

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Iron ore. Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in colour from dark grey, bright yellow, or deep purple to rusty red.

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