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NAICS Code 212210-01 Description (8-Digit)

Iron-Ore is a crucial mineral that is mined from the earth's crust and is used in the production of steel. This industry involves the extraction and processing of iron ore into usable products. Iron-Ore mining is a complex process that requires a range of equipment and tools to extract, sort, and process iron ore into usable products. The process involves crushing and screening the iron ore to separate it from other minerals and materials. Once the iron ore is separated, it is then processed and refined to create products such as pellets, which are used in the production of steel. Iron-Ore mining is a vital industry that plays a significant role in the global economy.

Hierarchy Navigation for NAICS Code 212210-01

Parent Code (less specific)

Tools

Tools commonly used in the Iron-Ore industry for day-to-day tasks and operations.

  • Drills
  • Blasting tools
  • Excavators
  • Haul trucks
  • Loaders
  • Crushers
  • Conveyors
  • Separators
  • Grinders
  • Magnetic separators
  • Flotation machines
  • Thickeners
  • Filters
  • Pumps
  • Sampling equipment
  • Analytical equipment
  • Dust suppression systems
  • Water treatment systems
  • Safety equipment
  • Environmental monitoring equipment

Industry Examples of Iron-Ore

Common products and services typical of NAICS Code 212210-01, illustrating the main business activities and contributions to the market.

  • Iron-Ore mining
  • Iron-Ore processing
  • Iron-Ore pelletizing
  • Iron-Ore transportation
  • Iron-Ore trading
  • Iron-Ore exploration
  • Iron-Ore research and development
  • Iron-Ore investment
  • Iron-Ore recycling
  • Iron-Ore waste management

Certifications, Compliance and Licenses for NAICS Code 212210-01 - Iron-Ore

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Mine Safety and Health Administration (MSHA) Certification: Required for all miners and mining contractors working in underground mines. The certification ensures that miners have the necessary knowledge and skills to work safely in underground mines. The MSHA provides the certification.
  • National Pollutant Discharge Elimination System (NPDES) Permit: Required for mining operations that discharge pollutants into US waters. The permit ensures that the discharge meets the Clean Water Act standards. The permit is issued by the Environmental Protection Agency (EPA).
  • Occupational Safety and Health Administration (OSHA) Certification: Required for all miners and mining contractors working in surface mines. The certification ensures that miners have the necessary knowledge and skills to work safely in surface mines. The OSHA provides the certification.
  • Mine Safety and Health Training: Required for all miners and mining contractors working in mines. The training ensures that miners have the necessary knowledge and skills to work safely in mines. The training is provided by the Mine Safety and Health Administration (MSHA).
  • Clean Air Act Permit: Required for mining operations that emit air pollutants. The permit ensures that the emissions meet the Clean Air Act standards. The permit is issued by the Environmental Protection Agency (EPA).

History

A concise historical narrative of NAICS Code 212210-01 covering global milestones and recent developments within the United States.

  • The Iron-Ore industry has a long and rich history dating back to ancient times. The first iron production started in Anatolia around 2000 BC, and by the 14th century, iron production had spread throughout Europe. In the 18th century, the Industrial Revolution brought significant advancements to the industry, including the invention of the steam engine, which allowed for more efficient mining and transportation of iron ore. In the United States, the industry began to flourish in the mid-1800s, with the discovery of large iron ore deposits in the Great Lakes region. The industry continued to grow throughout the 20th century, with the development of new technologies and the expansion of steel production. Notable advancements in recent years include the increased use of automation and digital technologies to improve efficiency and reduce costs.

Future Outlook for Iron-Ore

The anticipated future trajectory of the NAICS 212210-01 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Iron-Ore industry in the USA is positive due to the increasing demand for steel production. The industry is expected to grow due to the rising demand for steel in the construction and automotive industries. The increasing use of electric vehicles is also expected to drive the demand for steel, which will further boost the growth of the Iron-Ore industry. However, the industry may face challenges due to the fluctuating prices of iron ore and the increasing competition from other countries. Overall, the industry is expected to grow steadily in the coming years.

Industry Innovations for NAICS Code 212210-01

Recent groundbreaking advancements and milestones in the Iron-Ore industry, reflecting notable innovations that have reshaped its landscape.

  • Automation: The Iron-Ore industry has been adopting automation to improve efficiency and reduce costs. Automation has been used in mining, transportation, and processing of iron ore, which has led to increased productivity and reduced labor costs.
  • Advanced Technologies: The industry has been using advanced technologies such as drones, sensors, and artificial intelligence to improve the exploration and extraction of iron ore. These technologies have helped in identifying new deposits and improving the accuracy of mineral mapping.
  • Environmental Initiatives: The industry has been taking initiatives to reduce its environmental impact by adopting sustainable practices. The use of renewable energy sources, such as solar and wind power, has been increasing in the industry. The industry has also been using water recycling and waste management techniques to reduce its environmental footprint.
  • Mergers and Acquisitions: The industry has been witnessing mergers and acquisitions, which have led to consolidation and increased efficiency. The consolidation has helped in reducing costs and improving the competitiveness of the industry.
  • Infrastructure Development: The industry has been investing in infrastructure development to improve transportation and logistics. The development of new ports, railroads, and highways has helped in reducing transportation costs and improving the efficiency of the industry.

NAICS Code 212210-01 - Iron-Ore

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