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Hematite and magnetite are the most common types of Iron ore. Roughly 98% of iron ore on the global market is used in iron and steel production. [8] The other 2% of iron ore is used to make powdered iron for certain types of steel, auto parts, and catalysts; radioactive iron for medicine; and iron blue in paints, inks, cosmetics, and plastics. [5]
The first truly industrial mining operation in what is now Canada was an iron mine at Forges du Saint-Maurice near Trois-Rivières in Quebec, which remained a going concern from 1738 to 1883. [1] Copper mining in Bruce Mines, Ontario—the first industrial-scale mine of a substance other than iron—followed in 1848. [2]
Iron Ore Company of Canada (often abbreviated to IOC) (French: Compagnie Minière IOC) is a Canadian-based producer of iron ore. The company was founded in 1949 from a partnership of Canadian and American firms, the largest being the M.A. Hanna Company. It is now owned by a consortium that includes the Mitsubishi and Rio Tinto corporations.
The Mary River Mine is an open-pit iron ore mine in the Mary River area of Baffin Island, Canada. [3]: 2 It is operated by the Baffinland Iron Mines Corporation (BIMC).As of 2021, the operation consists of an open-pit mine, two work camps for hundreds of workers, a tote road—from the Mary River site to Milne Inlet—and port infrastructure at Milne Inlet. [1]
The Iron Range is collectively or individually a number of elongated iron-ore mining districts around Lake Superior in the United States and Canada. Much of the ore-bearing region lies alongside the range of granite hills formed by the Giants Range batholith. [1] These cherty iron ore deposits are Precambrian in the Vermilion Range and middle ...
Labrador Iron Mines was formed when iron ore prices were at a record high, making recovery of ore from known ore bodies economically viable. [8] [9] The firm was able to sell ore from its first two quarters of production at a price per ton that would have been viable, once production was at full volume. But in August, 2012, in its third quarter ...
This is a list of countries by iron ore production based on U.S. Geological Survey ... Canada: 54,000: 2019 9: United States: ... List of iron mines; Iron-ore exports ...
Of the iron ore exported, 38.5% of the volume was iron ore pellets with a value of $2.3 billion, and 61.5% was iron ore concentrates with a value of $2.3 billion. [40] 46% of Canada's iron ore comes from the Iron Ore Company of Canada mine, in Labrador City, Newfoundland, with secondary sources including the Mary River Mine in Nunavut. [40] [41]
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