For Australian iron ore grades, a major difficulty is that grades are estimated based on saleable production and not raw ore, despite the majority of iron ore requiring beneficiation before use (Mudd, 2009a, 2010b). Despite the issues with the data, the long-term trend is a gradual ore grade decline for saleable iron ore.

Australia is the largest global producer and exporter of iron ore and in 2018 exported around 830 million tonnes of iron ore worth A$63 billion. This accounted for around 15 per cent of total exports by value, and was …

In 2022, over 866 million metric tons of iron ore were produced in Australia. Western Australia was the primary producer of iron ore, with large reserves …

Source: WA Department of Mines, Industry Regulation and Safety, Resource Data Files (Bi-Annual). The average monthly iron ore price fell 12% to US$109.8 a tonne in March 2024, continuing a fall from the recent high of US$137.05 reached in December 2023.

Yandi Mine in Western Australia, was the largest iron ore-producing mine in Australia, producing approximately 80.7 million tonnes of iron ore and an estimated 60.2 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The Yandi Mine is owned by BHP, and is due to operate until 2023. The second largest iron ore-producing mine …

In determining the outlook for the industry in Australia, it is useful to look at the Ore Reserves and Mineral Resources associated with operating mines (Table 1) as it is usually easier and cheaper to expand current mines …

With over 30 percent of the planet's resources of iron ore, Australia leads the world in iron ore production. Iron ore is Australia's largest and most valuable commodity export, with export earnings in 2021-2022 of $133 billion. ... Australian Bureau of Statistics (2023) Australian Industry, ABS website, accessed 25 July 2023.

Value of iron ore and concentrates exports from Australia from financial year 2014 to 2023 (in billion Australian dollars) [Graph], Department of Industry, Science, Energy and Resources (Australia ...

Iron ore: the bigger picture. Tania Constable, Chief Executive Officer MCA National. Australia's iron ore industry has capitalised on a decade of unprecedented volume and price growth to create a market position stronger after the commodities boom than it was before. As a result, the industry is likely to contribute in excess of A$600 …

Leading markets for iron ore exports from Australia in financial year 2023 (in billion Australian dollars) [Graph], Department of Industry, Science, Energy and Resources (Australia), December 18 ...

Annual data. The primary variables included in this data set are a detailed time series of the metals or minerals produced by mining for each state and nationally. For example, total mined gold ...

Number of employees in the metal ore mining industry in Australia from the financial year 2012 to 2022 [Graph], Australian Bureau of Statistics, May 26, 2023. [Online].

Based on the production of usable iron ore, the two leading iron ore producers in the world were Australia and Brazil in 2022. In 2022, Australia produced an estimated 880 million …

As evident in Fig. 1.2, the world's production of usable (processed) iron ore has increased from about 970 million tons in 2000 to 2.45 billion tons in 2019. Australia is the largest iron ore producing country, producing approximately 919 million tons of usable ore in 2019, equivalent to about 37% of the world's iron ore production.

In September 2022, we agreed to form a joint venture with China Baowu Steel Group to develop the Western Range iron ore project in the Pilbara, Western Australia (Rio Tinto 54%, Baowu 46%). Construction at Western Range started in 2023 with first production anticipated in 2025. Western Range's annual production capacity of 25 million tonnes ...

Australia hosts significant iron ore deposits in all its states and territories except the Australian Capital Territory [32, 35].The vast majority of Australian iron ore production comes from the state of Western Australia, which contains approximately 92% of Australia's economic demonstrated resources [11].The bulk of Western Australian …

Iron ore mining in Australia - statistics & facts. Australia has held its position as the world's leading iron ore producer and exporter for many years. Prices for iron ore are...

Exports In 2022, Australia exported $87.9B in Iron Ore, making it the 1st largest exporter of Iron Ore in the world. At the same year, Iron Ore was the 2nd most exported product in Australia. The main destination of Iron Ore exports from Australia are: China ($72.5B), Japan ($6.49B), South Korea ($5.15B), Chinese Taipei ($1.78B), and Vietnam ...

Australia is the world's largest iron ore producer, with 917.3Mt in 2020, down by a marginal 0.2% over the previous year due to the operational disruption caused by tropical …

Global iron ore production is expected to increase to 2,398.3 million tonnes (Mt) in 2023, a growth of 1.1% over 2022, with Brazil, China, Russia, India and Australia all contributing to the growth. Combined output from these countries is expected to increase from 2,084Mt in 2022 to 2,114.4Mt in 2023—a 1.5% increase.

Gross value added (GVA) of the iron ore mining industry in Australia from 2012 to 2023 (in million Australian dollars) Premium Statistic Iron ore production volume in Australia 2010-2023

Get in touch with us now., May 22, 2024. BHP produced approximately 257.04 million metric tons of iron ore in the financial year ending June 30, 2023. The iron ore production increased in 2023 ...

Jun 7, 2024. In the fourth quarter (Q4) of 2023, the Brazilian mining company Vale was the world's leading iron ore mining company, with a production volume of nearly 91.5 million metric tons in ...

Export volume of iron ore from Australia from financial year 2013 to 2023 (in 1,000 kilotons) [Graph], Department of Industry, Science, Energy and Resources (Australia), December 18, 2023. [Online].

Uses. Iron is the world's most commonly used metal, and iron ore is a key ingredient for steel making. To produce 1,000 kilograms of crude steel requires about 1,400 kilograms of iron ore (and around 800 kilograms of coal). Iron can be alloyed with a variety of elements to produce stronger and harder products which are useful in the ...

Production of iron ore in the Asia-Pacific region in 2021, by country or territory (in million metric tons) [Graph], World Bureau of Metal Statistics, May 4, 2022. [Online].

Share. Industry: Production and Consumption. Market Sizing & Shares. Production of Iron ore in Australia reached 946.66Million Tonnes in 2023. Production grew by a CAGR of 1.03% between 2020 to 2023,and is expected to grow by... GlobalData projects the production to grow at a CAGR of...

Value of iron ore mined in Western Australia from 2014 to 2023 (in billion Australian dollars) [Graph], Department of Mines, Industry Regulation and Safety, May 14, 2024. [Online].

Sales and service income of the iron ore mining industry in Australia from financial year 2012 to 2023 (in million Australian dollars) [Graph], Australian Bureau of Statistics, May 31, 2024. [Online].

Australia's iron ore production gains momentum, to reach 1,050.8Mt by 2025. Share. Australia is the world's largest iron ore producer, with 917.3Mt in 2020, down by a marginal 0.2% over the previous year due to the operational disruption caused by tropical cyclones Blake and Damien during the first quarter of 2020. Rio Tinto, the largest iron ...