071
Mining of iron ores
This category includes the extraction of iron ores from natural deposits, as well as the processes of preparing them for use in the steel industry. Essentially, it is the first stage in the steel production chain – from extracting the ore from the ground to obtaining a pure concentrate ready for smelting.
Entrepreneur Profile
This CAEN code 071 is intended for entrepreneurs and companies (SRL, PFA) wishing to develop a business focused on mining of iron ores. It is ideal for founders aiming to offer specialized services or products in this economic niche within the Romanian market.
Who should avoid:
Avoid the exclusive use of code 071 if the main activity of your company shifts towards other commercial or related branches not specified in the official description. See the excluded activities section below.
Mining of iron ores, classified under CAEN division 071, represents a strategic industrial segment for the global economy, having a direct impact on steel production and, implicitly, on infrastructure, construction and heavy industry. In Romania, this activity has had a turbulent history, with significant exploitations in areas such as Hunedoara and Caraș-Severin, but which recorded a sharp decline after 1990 due to the closure of non-competitive mines and lack of investments. At the macroeconomic level, the ferrous mining industry contributes to the trade balance through massive imports of ore needed by local steel plants, such as Liberty Galați. The main challenges for entrepreneurs include high extraction costs, fluctuations in global ore prices and compliance with increasingly strict environmental standards. However, there are opportunities in modernising processing technologies and in valorising mining waste through ecological methods. The evolution of this sector is closely linked to the demand for steel at European level and to Romania's capacity to reindustrialise its metallurgical bases.
Included Activities
- ✅ Mining of iron ores
- ✅ Activities for the preparation and enrichment of iron ores, including crushing, grinding, magnetic separation and flotation
Excluded Activities
- ❌ Mining of non-ferrous metal ores (including gold, copper, aluminium, etc.)
- ❌ Operation of coal quarries or other solid non-ferrous minerals
- ❌ Further processing of iron and steel (steel industry)
- ❌ Mining prospecting and exploration activities (considered separately)
Similar or Related CAEN Codes:
From the same category of economic activities:
Întrebări Frecvente
What type of companies can use CAEN code 071?
Any legal entity in Romania (SRL, PFA, Individual Enterprise) performing activities related to "mining of iron ores" is required to have this code authorized in its articles of incorporation or at the Trade Register.
Are special permits required for CAEN 071?
The need for permits depends on the exact nature of the operations carried out under class 071. Some activities require authorizations from DSV, Environment, or Occupational Safety, while others can be conducted solely based on the self-declaration at incorporation.