Who Exports The Most Iron Ore?

Which state produces the most iron ore?

MinnesotaIron ore is the primary mineral commodity by value in Minnesota, which leads the country in iron ore production..

How much iron ore does South Africa export?

In 2019, South Africa’s production of iron ore amounted to an estimated 77 million metric tons. South Africa is one of the world’s largest producers of iron ore.

Which country exports the most steel?

China was the world’s largest steel exporter in 2019. In 2019, China exported 62.0 million metric tons of steel, a 7.3 percent decrease from 66.9 million metric tons in 2018. China’s exports represented about 15 percent of all steel exported globally in 2019.

Who are the five biggest producer of iron ore in the world?

Australia, Brazil, India, China, and Russia were the world’s five largest producers of iron ore, collectively accounting for 87.5% of global iron ore production.

What is the largest iron ore mine in the world?

Carajas mineThe Vale-owned Carajas mine in the state of Para in Northern Brazil is the world’s biggest iron ore mine holding 7.27 billion tonnes of proven and probable reserves as of December 2012.

Which country is rich in gold?

ChinaList of countries by gold production2018 RankCountryGold production (tonnes)1China4042Australia3193Russia2974United States22213 more rows

Where does the US get its iron ore?

US iron ore mining is dominated by the Precambrian banded iron formation deposits around Lake Superior, in Minnesota and Michigan; such deposits were also formerly mined in Wisconsin. For the past 50 years, more than 90 percent of US iron ore production has been mined from the Lake Superior deposits.

How much iron ore is left in the world?

World resources of crude iron ore are estimated to exceed 800 billion tons containing more than 230 billion tons of iron.

How much iron ore does Australia have left?

Australia currently has the world’s largest estimated reserves of iron ore at more than 52 billion tonnes. There’s an approximated 170 billion tonnes left in the earth, positioning Australia with a third of the world’s supply.

Which country is the largest exporter of iron ore?

List of countries by iron-ore exports#CountryValue in 20161Australia38,1012Brazil14,1103South Africa4,1894Canada2,65616 more rows

Who produces the most iron ore?

Australia – 930 million tonnes Australia leads the list of the world’s top iron ore producers, with a usable iron ore output of 930 million tonnes, out of which iron content was estimated at 580 million tonnes, according to the US Geological Survey data 2019.

Who is the largest producer of high grade iron ore?

Rio Tinto – 327 million tonnes Diversified Anglo-Australian mining company Rio Tinto tops our list with iron ore production of 327 million tonnes in 2019.