A milling tool has a basic body rotatable about a center axis, and including an outside, which includes a pair of opposite front and back sides, as well as a peripheral envelope surface. The body is equipped with a plurality of replaceable cutting inserts. The basic body includes an inner hollow space having an internal limiting surface, in which there collectively mouth a plurality of bores. The bores also mouth in the outside. Each cutting insert is mounted on an outer end of an ejector, which is rectilinearly movable in the individual bore and has an inner end accessible from the hollow space, and which interacts with a compressible force generator, to pull the same into the bore. By mounting the cutting inserts on ejectors, which simultaneously are accessible from a common hollow space, the cutting inserts can be replaced fast and easily, and possibly also be indexed.

A cutting insert has parallel first upper and lower faces, parallel second upper and lower faces, first and second side faces, first and second cutting portions, and first and second mounting grooves. The second upper and lower faces are perpendicular to the first upper and lower faces, respectively. The first and second side faces are located at respective ends of the cutting insert. The first cutting portion has a major cutting edge at an edge between the first upper face and the first side face, while the second cutting portion has a major cutting edge at an edge between the second upper face and the second side face. The first mounting groove curvedly or linearly extends from the first cutting portion oppositely to the second cutting portion, while the second mounting groove curvedly or linearly extends from the second cutting portion oppositely to the first cutting portion.

A cutting insert according to an embodiment of the present disclosure relates to a circular double-sided cutting insert including a top surface, a bottom surface, a lateral surface, and a cutting edge, and mounted to a cutting tool, in which a plurality of clearance surfaces and a plurality of fastening surfaces are located on the lateral surface, and among the plurality of fastening surfaces, a fastening surface, which is brought into contact with the cutting tool upon mounting of the cutting insert to the cutting tool, forms an acute angle with respect to the top surface or the bottom surface acting as a rake surface.

A virtual plane obtained by a locus when a tangent line, which passes through a tool distal end edge, of a virtual circle formed when a tool distal end edge of a cutting edge is rotated in a tool circumferential direction is moved parallel to a tool axial line is a reference plane, an angle (ARt) at which a cross line of the reference plane and the cutting edge virtual plane, is inclined with respect to the tool axial line projected onto the reference plane, is in a range of 30 degrees to 60 degrees, an angle (RR) at which a cutting edge tangent line which passes through the tool distal end edge and extends outward in a tool radial direction, is inclined with respect to a predetermined tool radial direction, which passes through the tool distal end edge, is in a range of 30 degrees to 75 degrees.

A milling tool has a basic body rotatable about a centre axis, and including an outside, which includes a pair of opposite front and back sides, as well as a peripheral envelope surface. The body is equipped with a plurality of replaceable cutting inserts. The basic body includes an inner hollow space having an internal limiting surface, in which there collectively mouth a plurality of bores. The bores also mouth in the outside. Each cutting insert is mounted on an outer end of an ejector, which is rectilinearly movable in the individual bore and has an inner end accessible from the hollow space, and which interacts with a compressible force generator, to pull the same into the bore. By mounting the cutting inserts on ejectors, which simultaneously are accessible from a common hollow space, the cutting inserts can be replaced fast and easily, and possibly also be indexed.