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Mining iron ore is a high volume low margin business, as the value of iron is significantly lower than base metals It is highly capital intensive, and requires significant investment in infrastructure such as rail in order to transport the ore from the mine to a freight ship For these reasons, iron ore production is concentrated in the hands .

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Mining - Wikipedia

Mining as an industry underwent dramatic changes in medieval EuropeThe mining industry in the early Middle Ages was mainly focused on the extraction of copper and iron

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