Global Iron Ore Mining to 2020

Global Iron Ore Mining to 2020
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Summary

Global iron ore reserves were 185.1 billion tonnes (Bnt) as of January 2016, with Australia accounting for the largest share with 54Bnt or 29.2% of the total, followed by Russia with 25Bnt (13.5%), Brazil and China with 23Bnt each (12.4%), the US with 11.5Bnt (6.2%) and India with 8.1Bnt (4.4%).

In Australia, more than 90% of the total reserves are located in the Pilbara region of Western Australia, with smaller amounts in South Australia, New South Wales, Queensland and Tasmania. Reserves of both hematite and magnetite ores are available with average Fe grade of 59.6%.

In Russia, the Ural region, Moscow (Tula region), North West Russia and Siberia have the country’s largest iron ore deposits. The best grade deposits are found in the Ural region, while the Tula region, also known as the Kursk Magnetic Anomaly (KMA), has reserves with average iron content in the range of 34-39%.

Scope

  • The report contains an overview of the global iron ore mining industry together with the key factors affecting the industry and demand for the commodity.
  • It also provides information about global iron ore reserves, historic and forecast data on iron ore production and consumption, data on major iron ores and concentrates exporting and importing countries, the competitive landscape and active, exploration and development iron ore projects.

Reasons to Buy

  • Gain an understanding of the global iron ore mining industry, iron ore reserves, historic and forecast data on iron ore production, iron ore prices and consumption, trade data for major exporting and importing countries, demand drivers, active, exploration and development iron ore projects and the competitive landscape.

Date Published

February, 2016

Format / Pages

PDF / 56