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Although iron ore resources occur in all the Australian States and Territories, almost 90% of identified resources (totalling 54 billion tonnes) occur in Western Australia, including almost 80% in the Hamersley Province, one of the world's major iron ore provinces.
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2011-10-4 Industry Background and Analysis Analyst: Michelle Ridsdale History Iron ore is used primarily in steel making. World crude steel production was 1,385mt in 2010, dominated by China, and has grown at an average rate of 5%pa since 2000. China’s rapid steel production growth has reformed the world steel industry, shifting the centre of
2018-6-12 It has been the dominant iron ore mined in Australia since the early 1960s and approximately 96% of Australia's iron ore exports are high grade hematite, most of which has been mined from deposits in the Hamersley province in Western Australia (WA). The Brockman Iron Formation in the Hamersley province is a significant example of high grade hematite iron ore deposits. Magnetite is an iron ...