Value Addition And Beneficiation Of Iron Ore
Commerce: Beneficiation And Value Addition/ Value Added = Sales Revenue – Cost of Raw materials; For example, a product sells for $10 when the inputs (raw materials) used to make this product cost $7, the added value is $3; For example, a mining company extracts iron ore from within the earth and passes it on to a processing factory which increases the value of the ore which is turned into ...
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