Global Iron Ore Mining to 2020 – Research and Markets

April 29, 2016

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DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Global Iron Ore Mining to 2020” report to their offering.

The ‘Global Iron Ore Mining to 2020’ report comprehensively covers global reserves of iron ore by country, historic and forecast data on iron ore production, prices, iron ore consumption, trade data for major ores and concentrates, and exporting and importing countries.

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%.

Key Highlights:

– Global iron ore production was an estimated 2,047.9Mt in 2015 – an increase of 2.3% over its previous year due to increased production in Australia, Brazil and India. Australia was the world’s largest producer accounting for 36.9% of global production, followed by Brazil (21.6%), China (15.7%), India (6.9%) and Russia (5.2%).

– Global iron ore consumption was an estimated 1,862.3Mt in 2015, a decrease of 1.7% over the previous year due to weaker demand from China, one of the biggest consumers of iron ore globally.

– Australia was the world’s largest exporter of iron ores and concentrates in 2014 at 755.1Mt, of which China accounted for 578.7Mt, followed by Brazil (344.4Mt), South Africa (67.2Mt), Ukraine (40.9Mt) and Canada (40.3Mt).

Key Topics Covered:

1 Executive Summary

2 Global Iron Ore Mining – Reserves, Production, Consumption and Trade

2.1 Global Iron Ore Reserves

2.1.1 Reserves by country – Australia

2.1.2 Reserves by country – Russia

2.1.3 Reserves by country – Brazil

2.1.4 Reserves by country – China

2.1.5 Reserves by country – India

2.2 Historical and Forecast Production

2.2.1 Production by country

2.3 Active Mines

2.4 Exploration Projects

2.5 Development Projects

2.6 Global Iron Ore Consumption and Trade

2.6.1 Global iron ore consumption vs steel production

2.6.2 Major exporting and importing countries

2.7 Factors Affecting Global Demand for Iron Ore

2.7.1 Chinese steel industry

2.7.2 Indian steel industry

2.7.3 Global demand for steel by region

2.7.4 Global construction industry

3 Major Iron Ore Producers Globally

3.1 Vale SA

3.2 Rio Tinto Plc

3.3 BHP Billiton Ltd

3.4 Fortescue Metals Group Ltd

4 Appendix

For more information visit http://www.researchandmarkets.com/research/3gjmw2/global_iron_ore

Category: General