Edward W Davis of the University of Minnesota is credited for devising the process of pelletizing iron ore. 
Pelletizing iron ore is undertaken due to the excellent physical and metallurgical properties of iron ore pellets. Iron ore pellets are spheres of typically  to be used as raw material for blast furnaces. They typically contain 64–72% Fe and various additional material adjusting the chemical composition and the metallurgic properties of the pellets. Typically limestone, dolomite and olivine is added and Bentonite is used as binder.
The process of pelletizing combines mixing of the raw material, forming the pellet and a thermal treatment baking the soft raw pellet to hard spheres. The raw material is rolled into a ball, then fired in a kiln or in travelling grate to sinter the particles into a hard sphere.
The configuration of iron ore pellets as packed spheres in the blast furnace allows air to flow between the pellets, decreasing the resistance to the air that flows up through the layers of material during the smelting. The configuration of iron ore powder in a blast furnace is more tightly-packed and restricts the air flow. This is the reason that iron ore is preferred in the form of pellets rather than in the form of finer particles. The quality of the iron ore pellets depends on different factors, which include feed particle size, amount of water used, disc rotating speed, inclination angle of the disc bottom, residence time in the disc as well as the quality and quantity of the binder(s) used.