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    Most of the iron ore was shipped to Japan, West Germany, and Britain; it earned almost US $50 million a year in export revenue. After independence, the government established a state company, the National Iron Ore Company of Angola (Emprêsa Nacional de Ferro de Angola—Ferrangol), for exploration and mining, processing, and marketing of iron ore.

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    Increasing iron ore demand, coupled with the depletion of high-grade hematite ores in the United States, after World War II led to development of lower-grade iron ore sources, principally the utilization of magnetite and taconite. Iron-ore mining methods vary by the type of ore being mined.

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    Apr 27, 2017· New mining projects will begin in Angola. 27 April 2017 Angola. Twenty-three new diamond, gold, phosphate, iron ore, copper and natural stone exploration projects are due to begin in Angola in the short and medium term, the Minister of Geology and Mining, Francisco Queiroz said on Wednesday in Luanda.

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