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Rank Country Usable iron ore production (× 1000 tonnes) Year World 2,500,000: 2022 1: Australia: 880,000: 2023 2: China: 659,000: 2023 3: Brazil: 422,000: 2023 4 ...
The following is a list of countries by iron ore exports. Data is for 2012, 2016 & 2023, in millions of United States dollars, as reported by The Observatory of Economic Complexity and the International Trade Centre. Currently the top twenty countries (as of 2023) are listed. * indicates "Natural resources of COUNTRY or TERRITORY" links.
According to the U.S. Geological Survey's 2021 Report on iron ore, [42] Ukraine is estimated to have produced 62,000,000 t (61,000,000 long tons; 68,000,000 short tons) of iron ore in 2020, placing it as the seventh largest global center of iron ore production, behind Australia, Brazil, China, India, Russia, and South Africa.
In 2008, 2009, 2015 and 2016 output fell in the majority of steel-producing countries as a result of the global recession. In 2010 and 2017, it started to rise again. Crude steel production contracted in all regions in 2019 except in Asia and the Middle East. India is the 2nd leading producer of iron and steel industries. [citation needed]
The mining sector's revenue in Brazil was R$153.4 billion in 2019. Exports were U$32.5 billion. The country's iron ore production was 410 million tons in 2019. Brazil is the second largest global iron ore exporter and has the second position in the reserve ranking: under Brazilian soil there are at least 29 billion tons .
Vale S.A (VALE) lowers the top end of its 2021 iron ore production guidance to 320 million tons from 335 million tons, while maintaining the lower end at 315 million tons.
Fortescue focused on iron ore mining under the name of Fortescue Metals Group (FMG) until July 2023. [2] As of 2017, Fortescue is the fourth-largest iron ore producer in the world. [ 3 ] The company has holdings of more than 87,000 km 2 in the Pilbara region of Western Australia , making it the largest tenement holder in the state, [ 4 ] larger ...
Iron ore mining in Western Australia, in the 2018–19 financial year, accounted for 54 percent of the total value of the state's resource production, with a value of A$78.2 billion. The overall value of the minerals and petroleum industry in Western Australia was A$145 billion in 2018–19, a 26 percent increase on the previous financial year.