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Chromite Beneficiation Plant - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue

Chromite is an oxide of chromium and iron. The chemical composition of chromite is FeO.Cr2O3 or FeCr2O4. Chromite is the only commercial source of chromium. It occurs as a primary mineral of ultrabasic igneous rocks and is normally associated with peridotite, pyroxenite, dunite and serpentinite. World-wide, high-alumina chromite, largely from podiform deposits is used in refractory applications while iron-rich ores, largely from stratiform deposits are utilised in metallurgical and chemical applications. Chromite is an early magmatic oxide mineral. It forms ore bodies by crystallization and segregation. The chromite ore bodies are hosted invariably by the early magmatic silicate rock peridotite, pyroxenite and less commonly by anorthosite. In metallurgy, chromite is used in the manufacture of chromium metal and various alloys with iron, nickel, cobalt, tungsten, molybdenum, etc. Chromium imparts additional strength, hardness and toughness to its alloys. Chromite is used in refractory industry because of its resistance to corrosion, high temperature and ability to withstand sudden temperature changes, and its chemically neutral character. The ore is used in the form of lumps, bricks or cement in linings, specially of steel furnaces. Chromite is used for manufacturing important chromium compounds like chromates and bichromates of sodium and potassium, chromium pigments like chromic oxide green and chromic acid which, in turn, are used in chromium-plating solution. The number of reporting mines was 21 in both the years. Six principal producers operating 12 mines together accounted for 90% of the total production during the year. There is very good scope in this sector and new entrepreneur should venture into this field.
Plant capacity: 18,000 MT/Annum Chromite ConcentratePlant & machinery: 110 Lakhs
Working capital: -T.C.I: Cost of Project : 366 Lakhs
Return: 41.00%Break even: 65.00%
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