Visualizing the world’s largest iron ore producers. Via VCElements
from the U.S. Geological Survey, the above infographic lists the world’s largest iron ore producers in 2021.Iron is the fourth most abundant element on the planet after oxygen, silicon, and aluminum, constituting about 5% of the Earth’s crust. of identified iron ore resources in the country occur in Western Australia, especially in the The large and dry region is known for its Aboriginal peoples and also for its red earth as a result of a chemical reaction of iron exposed to air and water.
Together, Australia and Brazil dominate the world’s iron ore exports, each having about one-third of total exports.Despite being the third largest producer, China still imports around 80% of the iron ore it uses each year. The country brought in 1.12 billion tonnes of the commodity last year.Iron ore demand is expected to rise in the coming years as steel plays a crucial role in producing and distributing energy.
Steel is used extensively in agriculture, solar and wind power, and also in infrastructure for hydroelectric. Furthermore, steel is used for the production of transformers, generators, and electric motors, along with ships, trucks, and trains.
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