The countries that produce major iron ore in the world include China, Brazil, Australia, India, Russia, Canada and US. The type of iron ore found in these countries varies from each other. This factor forces or compels countries to import that kind of iron ore which is not found or is short in their country. Likewise they export the type of iron ore which is surplus one.
Iron ore can be found all over the world, in the form of rocks and other minerals. To be economically viable for mining, iron ore must contain at least 20% iron. Magnetite ore has the highest proportion of iron, at 65%. Haematite ore also has a high content of iron at 60%. All iron ore contains ferric oxide and it is from this that iron is extracted. Approximately two billion tonnes of iron ore are mined each year.
China exports: -Electronic product -Footwear -Umbrellas To Canada
Iron Ore fines are Iron Ore that have been crushed to under 10mm. Iron Ore pellets are Iron Ore fines that have been concentrated and bonded together to form small balls, or pellets.
It means a mineral deposit that has some metal, precious or no. I.E. gold ore, iron ore, copper ore, zinc ore ETC.
IRON ORE FROM SOUTH AFRICA, FOB Durban price $132/MT(as on year 2011)
One is China.
Iron Ore Company of Canada was created in 1949.
The population of Iron Ore Company of Canada is 1,900.
Mostly domestic mining operations (who are heavily subsidized) which account for something like a third to half of the world's iron ore production. They also import immense quantities from Australia and I think Brazil, as well as other iron ore exporters.
The top 3 exporters include 1. Australia 2. Brazil 3. India ....
From my research, it seems to be BHP Billition and Rio Tinto. However, this answer needs further confirmation.
Mainly found in Labrador.
Brazil, Canada, and Venezuela
Iron ore can be found all over the world, in the form of rocks and other minerals. To be economically viable for mining, iron ore must contain at least 20% iron. Magnetite ore has the highest proportion of iron, at 65%. Haematite ore also has a high content of iron at 60%. All iron ore contains ferric oxide and it is from this that iron is extracted. Approximately two billion tonnes of iron ore are mined each year.
Quebec and New Foundland
Large deposits of iron ore are found in the Iron Range region of Minnesota in the United States. This area is known for its extensive iron mining operations due to the high-quality iron ore reserves present there.
The United States maintained a close relationship with Canada in regard to iron ore trade. Over the course of the 1990s, the United States was a net importer to meet demands for iron ore.