The present study examines the impacts of saponin, extracted from the fruits of Acacia Concinna, in its effectiveness as a dispersant and stabilizer during the pipeline conveyance of iron ore particles. The basic fundamental characteristics of iron ore, which comprises a majority of hematite and has a size of (≤75 µm), have been examined and characterized. Iron ore water slurry (IWS) rheological behavior has been investigated as a function of saponin doses, pH, particle concentration, and the shear rate-shear stress correlation. The change in zeta potential with pH is used to compute the isoelectric point of IWS. An appropriate mechanism has been presented to explicate the interaction between saponin and particles of Iron ore. The surface-modified particles exhibit improved dispersion characteristics in the aqueous solution due to the modification of electrostatic force that the surface charge on each particle causes. Investigation indicates that the optimal proportion of saponin had a significant favorable effect on the fluidity and stability of the suspension. The analysis of the economic impact of the dispersant has been conducted through the evaluation of slurry head loss and specific energy consumption (SEC) pertaining to the implementation of the IWS pipeline in its intended commercial application.