answersLogoWhite

0

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.

User Avatar

Wiki User

12y ago

What else can I help you with?