Iron ore producing areas are widely distributed in the world There are about 60 countries in the world which produce iron ore.
China Brazil Australia India Russia Ukraine USA South Africa Canada Sweden etc are the main producers of the iron ore Table 8 1 indicates the percentage of the iron ore production in important countries of the world.
Table 8 1 Iron ore production percentage of important countries.
Globally iron ore production in 2019 was expected to increase by 5 from that of 2018 primarily owing to increased production in Australia Brazil China and India Global finished steel demand was forecast by the World Steel Association 5 to increase by 3 9 in 2019 and 1 7 in.
China now emerged as a leading iron ore producing country in the world Till 1975 its production of iron ore in the world was only 6 5 per cent but in year 2000 China produced 24 3 per cent iron ore of the world This percentage further increased to 30 77 in year 2006 07 accordingly China is now first in iron ore production in the world.
Its annual production of iron ore is about 520 million tons China has large iron ore deposits of which the Manchurian deposits are the most actively mined Other important regions are the Lower Chang Yangtze at Maanshan and Tayeh the Chungking area and around Taiyuan Scattered deposits occur in the peninsula north of Baotou Paotow border of Xinjiang Sinking at Kiuchure in the lower Xi Jiang Si Kang near Guangzhou Canton and on the island of Hainan in the south.
Brazil is the worlds second largest iron ore producing country contributing 17 75 per cent of the worlds total production Till 1975 its percentage in world production of iron ore was 9 2 The main iron ore producing areas are located in Itabiria in south east Brazil Itabiria is believed to be the richest iron ore reserves in the world 8211 estimated reserves of 35 000 million metric tons.
Brazils other important areas of iron ore are Urucum Mato Grosso Catalao Goias and Ipanema Sao Panto The Carajas iron ore reserve is now identified as one of the main reserves of Brazil Largely due to the output of this region Brazil now leads the world in iron ore exports.
Australia produced 270 million metric tons of iron ore in 2007 and ranks third in world production with 15 98 per cent production Australia has widely distributed iron ore deposits and reserves which are very large.
Dec 14 2019nbsp018332Rio Tintos investments in its iron ore business should ensure that it remains a leader in the sector for years to come 3 Vale Brazils Vale is the world leader in producing iron ore as well as.
Dec 31 2018nbsp018332World Production Trends Hematite ore is sourced mainly from Australia and Brazil and dominates world production Australia produced 36 899 Mt of world iron ore production followed by Brazil with 20 490 Mt and China with 14 340 Mt Table 7.
AUSTRLIAN mining giant BHP will ship its iron ore to China from Western Australia using LNG fuelled bulk carriers in a world first Operations gt Production 07 September 2020.
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