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WhatsAppGet PriceGet A QuoteIn 2018, Australia''s EDR of iron ore increased by 3% from 2017 to 49 604 Mt (Table 3). Similarly, there was a 4% EDR increase of contained iron to 24 122 Mt (Table 4). EDR attributable to magnetite deposits have decreased by 1%, likely due to re-assessment of projects and inactivity in the magnetite industry.
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Among the largest iron ore producing nations are Russia, Brazil, China, Australia, India and the USA. In the United States, large deposits are found in the Lake Superior region. Worldwide, 50 countries produce iron ore, but 96% of this ore is produced by only 15 of those countries. Iron ore is the raw material used to make pig iron, which is
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