Although, iron ore is widely distributed metal, but only 49 countries, with about 150 deposits produce iron ore. Iron is soft, malleable and ductile and easily magnetized at ordinary temperatures. Pure iron melts at about 1535°C and boils at 2750°C.According to 2007 statistics, total iron ore deposits in the world are 300,000 million metric tons.
Due to large consumption China is not self-sufficient in iron ore therefore imports large amounts of iron ore; it’s on Ranking first in the world.
The largest amount of iron ore deposits occur within Manchuria and Anshan deposits. While the Yangtze Valley and south-west of Beijing are important for iron ore deposits.
China possesses more than 10,000 million metric tons iron ore reserves. It mined 520 million tons iron ore during 2006. High grade magnetite and Haematite, iron ore deposits are widely scattered in China.
2: Russian Federation
Russia possesses huge deposits of iron ore, and ranks second in the world. Russia has huge quantity of iron due to the physiography and huge capital.
Iron ore deposited are although distributed throughout Russia, but Ural Mountains, Eastern Siberia and Southern region of Moscow are most important.
During 2006 Russia produced 105 million, metric tons iron ore and ranked fifth in iron ore production in the world.
Australia stands among those countries, which have large iron ore reserves and produce high amounts of iron ore. Due to small local consumption, it exports large quantities of iron ore. Japan is largest importer of Australian iron.
Western Australian region provides bulk of iron ore. While old mines of Middle Back, Iron-Knob and Iron Monoarich are valuable, iron reserves in Southern Australia.
During 2006, it produced 270 million metric tons iron ore and ranked 2nd in the world.
India has more than 21,000 million iron ore reserves, which are high quality hematite and magnetite in grade. India is fourth largest iron ore producing country in the world.
Iron ore are widely distributed in the country; nearly 90% of national output is contributed by the states of Goa, Madhya Pradesh, Orissa, Bihar, Karnataka, Maharashtra and Andhra Pradesh.
During 2006, India mined 150 million metric tons iron ore. An India export large quantity of iron ore and Japan is largest buyer of Indian iron ore.
Brazil has largest iron ore reserves in the world. Brazil is biggest country in South America Continent; it has huge area and a lot of forest and rivers.
Itabira and Carajas, these are high grade iron ore reserves. Brazil exports large amounts of iron ore, U.S.A. is largest destination of Brazalian iron ore.
Its iron ore production during 2006 was 300 million metric tons second after China. Its 75% iron ore reserves are located in the Quadrilateral Zone of Minas Gerais.
Within common wealth of Independent States (CIS) Ukraine is very important, it possesses large iron ore reserves and is 6th largest iron ore producer.
The Krivoi Rog is largest iron ore producing region in Ukraine. In the CIS region Kazakhstan is also important producer of iron ore and possesses large iron ore reserves.
Only 73 million metric iron ore production.
7: United States
United States is an important iron ore producer in the world, and ranked 7th in the world. U.S.A. is not self-sufficient in iron ore needs, it imports iron from Brazil and Australia.
Iron ore deposits of. U.S.A. are distributed in northeastern Pennsylvania, Southeastern Alabama, Birmingham and Tennessee states, the western Rocky Mountain region and Lake superior region.
During 2006, U.S.A. mined more than 54 million tons iron ore.
8: South Africa
South Africa is one of the outstanding country and ranks 8th in iron ore production in the world. The South African iron ore mining industry produced iron ore after Brazil and India. The South African industry supplies the domestic market’s full demand for iron ore, and the remaining volumes are beneficiated and exported.
In South Africa, Transvaal ore region possesses large high grade iron ore reserves and here more than 65% iron ore of the country is mined South Africa exports large quantities of iron ore in the world market.
It possesses more than 10 billion metric tons iron ore reserves South Africa mined 40 million metric tons iron ore in 2006.
Canada is an important iron ore producer and possesses large quantities of iron ore reserves.
In Canada, iron ore deposits are concentrated around the Lake Superior region in Ontario Province. Québec-Labrador and Newfoundland also possesses high grade iron ore reserves.
During 2006, it produced 33 million metric tons iron ore, and it exports large quantities of iron ore.
Sweden is largest iron ore producer in the Western Europe. Sweden possesses best quality iron ore deposits in the world and is an important iron ore exporting country in the world.
During 2006, it produced 24 million metric tons iron ore. The Kiruna and Malmberget mines produce bulk of iron ore. Sweden produces very high grade of magnetite ore and earns sizeable revenue through the export of iron ore.
Other Important Countries
South Africa, Sweden, Brazil, Australia, India, Canada, U.S.A., Kazakhstan and Mauritania are some iron ore exporting countries. While Japan; China, Korea, U.K., Italy, Poland, France, Germany and Pakistan are iron ore importing countries.