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Iron Ore Global Market Report 2024

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    Report

  • 250 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939293
The iron ore market size has grown strongly in recent years. It will grow from $420.08 billion in 2023 to $455.13 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The expansion observed in the historical period can be attributed to growing demand from the energy sector, strong economic growth in emerging markets, increasing construction activities, and the growth of automotive production.

The iron ore market size is expected to see strong growth in the next few years. It will grow to $598.03 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The anticipated growth in the forecast period can be attributed to increasing urbanization, rising healthcare expenditure, and the growing residential sector. Key trends expected in this period include the development of innovative technological tools using advanced technologies, the introduction of innovative decarbonization technologies, the establishment of advanced iron ore hubs, collaboration with contemporary companies, the launch of new digital tools, and the leveraging of automation in mining processes.

The anticipated surge in construction activities is poised to drive the growth of the iron ore market in the foreseeable future. Construction involves assembling various elements to create structures for specific locations, utilizing detailed designs and plans. Iron ore plays a critical role in steel production, a fundamental construction material used in diverse structures such as buildings, bridges, and roads. Notably, in June 2021, Stats NZ Tatauranga Aotearoa reported a 3.7% increase in building activities in March 2021 in New Zealand. Moreover, residential activities experienced a 4.3% rise in 2021 compared to 2020. Additionally, the US Census Bureau highlighted a 10.2% growth rate in the value of construction activities, reaching $1,792.9 billion in 2022 from $1,626.4 billion in 2021. Thus, the escalating construction activities are a significant catalyst for the iron ore market's growth.

The increasing allocation of funds to healthcare is expected to propel the iron ore market during the forecast period. Healthcare expenditure encompasses all costs related to providing health services, excluding expenses for drinking water and sanitation. Iron ore, essential for producing steel, is a predominant metal in the manufacturing of medical equipment. Steel is widely used in maintaining sanitation and cleanliness in hospitals globally. For example, the 2021–2030 National Health Expenditure (NHE) report by the US Centers for Medicare & Medicaid Services predicted a 5.1% annual increase in national health spending, reaching approximately $6.8 trillion by 2030. During this period, Medicare expenditures are expected to grow at a 7.2% annual rate, and Medicaid spending is forecasted to increase by 5.6% annually. Therefore, the escalating healthcare expenditure is a driving force behind the growth of the iron ore market.

Companies in the iron ore market are leveraging innovative technological tools and advanced technologies to foster market growth. In September 2021, Metso Outotec, a Finland-based technology and service provider, introduced solutions aimed at enhancing process efficiency, production capability, and product quality while reducing energy consumption and environmental impact. The digital solutions include the Metso Outotec Optimizing Control System OCS-4D, Planet Positive Optimus advanced process control system, VisioPellet pellet size-control system, and Pallet Car Condition Monitoring System. Additionally, the company introduced an operator training program utilizing cutting-edge simulation technologies in a safe virtual plant environment.

Collaborations and partnerships have emerged as a prominent trend in the iron ore market, with companies strategically engaging in such alliances to bolster their market standing. For instance, in June 2021, Rana Gruber, a Norway-based iron ore company, joined forces with Cargill Metals, a US-based steel trader, to consistently deliver high-quality iron and ore products to their customers. This collaboration allows Rana Gruber to benefit not only from Cargill's cost-effective risk management and marketing solutions but also, significantly, from its global network and specialized industry knowledge along the ferrous supply chain. These advantages enable Rana Gruber to focus on its core competencies, such as mining and research and development, aiming to enhance the grade of its high-grade iron ore product, hematite, from 62% to 65%. Additionally, in September 2022, Rio Tinto, a UK-based mining company, partnered with Baowu, a China-based iron and steel company, for a $2 billion iron ore project in Australia. This collaborative venture in Western Australia aims to develop 25 million tons of iron ore, with Rio Tinto holding 54% ownership and state-owned Baowu having the remaining 46%. The joint venture will invest $2 billion in the project's development, with a $1.3 billion contribution from Rio Tinto.

In January 2023, Cyclone Metals Limited, an Australia-based iron ore company, successfully acquired Labrador Iron Pty Ltd. for an undisclosed amount. This strategic acquisition allows Cyclone Metals to expand its iron ore portfolio with the addition of the largest magnetite iron ore deposit project. The move reflects a shift towards clean energy and a commitment to reducing global carbon emissions. The unique appeal of magnetite ores positions them favorably compared to hematite ores, contributing to a more environmentally sustainable footprint for the steel industry. Labrador Iron Pty Ltd., based in Canada, specializes in the exploration, development, and mining of iron ore projects.

Major companies operating in the iron ore market report are Vale S.A, Rio Tinto, BHP, Fortescue Metals Group Ltd., Anglo American PLC, National Mineral Development Corporation, Metinvest, Angang Steel Company Limited, Ferrexpo, Atlas Iron, Sesa Goa Iron Ore, Sumitomo Metal Industries Ltd., M.S India Iron Ore Mines Private Limited, Vedanta Limited, Kudremukh Iron Ore Company, MSPL Limited, ITOCHU Corporation, Marubeni Corporation, Baoshan Iron & Steel Co Ltd., Ansteel Group Corporation Limited, Minmetals Land Limited, Zijin Mining Group Company Limited, Luossavaara-Kiirunavaara Aktiebolag, Sydvaranger AS, Rana Gruber AS, Beowulf Mining PLC, SIMEC Group, Metalloinvest MC LLC, Severstal Group, Evraz Group SA, NLMK Group, Mechel, Black Iron, ArcelorMittal SA, POSCO, Amaroq Minerals Ltd., Greenland Resources Inc., Bluejay Mining PLC, Redpath Mining Inc., Agnico Eagle Mines Limited, United States Steel Corporation, Cleveland-Cliffs Inc., CSN MINERACAO, Kinross Brasil Mineracao SA, AndesMinerals SA, Coro Mining Corp, Ma'aden, Chadormalu Mining & Industrial Co, Golgohar Mining & Industrial Co, KOC Holding AS, Iran Central Iron Ore Co, Kumba Iron Ore Limited, Sedibeng Iron Ore, Assmang, Richards Bay Minerals, African Natural Resources and Mines Limited, Tshipi Borwa Mine, Khumani Mine, Sishen Mine.

Asia-Pacific was the largest region in the iron ore market in 2023. The regions covered in the iron ore market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the iron ore market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The primary types of iron mining are categorized as construction, manufacturing, and other types. Construction typically refers to the act or result of construing, interpreting, or explaining. In terms of iron, the carbon content leads to different forms, including pig iron, wrought iron, and cast iron. The mining methods encompass both underground mining and surface mining.

The iron ore market research report is one of a series of new reports that provides iron ore market statistics, including iron ore industry global market size, regional shares, competitors with an iron ore market share, detailed iron ore market segments, market trends and opportunities, and any further data you may need to thrive in the iron ore industry. This iron ore market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The iron mining market includes revenues earned by entities by making steel, auto parts, and catalyst. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Iron Ore Market Characteristics3. Iron Ore Market Trends and Strategies
4. Iron Ore Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Iron Ore Market Size and Growth
5.1. Global Iron Ore Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Iron Ore Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Iron Ore Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Iron Ore Market Segmentation
6.1. Global Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Underground Mining
  • Surface Mining
6.2. Global Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Construction
  • Manufacturing
  • Other End-Uses
7. Iron Ore Market Regional and Country Analysis
7.1. Global Iron Ore Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Iron Ore Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Iron Ore Market
8.1. Asia-Pacific Iron Ore Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Iron Ore Market
9.1. China Iron Ore Market Overview
9.2. China Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Iron Ore Market
10.1. India Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Iron Ore Market
11.1. Japan Iron Ore Market Overview
11.2. Japan Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Iron Ore Market
12.1. Australia Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Iron Ore Market
13.1. Indonesia Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Iron Ore Market
14.1. South Korea Iron Ore Market Overview
14.2. South Korea Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Iron Ore Market
15.1. Western Europe Iron Ore Market Overview
15.2. Western Europe Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Iron Ore Market
16.1. UK Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Iron Ore Market
17.1. Germany Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Iron Ore Market
18.1. France Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Iron Ore Market
19.1. Italy Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Iron Ore Market
20.1. Spain Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Iron Ore Market
21.1. Eastern Europe Iron Ore Market Overview
21.2. Eastern Europe Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Iron Ore Market
22.1. Russia Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Iron Ore Market
23.1. North America Iron Ore Market Overview
23.2. North America Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Iron Ore Market
24.1. USA Iron Ore Market Overview
24.2. USA Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Iron Ore Market
25.1. Canada Iron Ore Market Overview
25.2. Canada Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Iron Ore Market
26.1. South America Iron Ore Market Overview
26.2. South America Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Iron Ore Market
27.1. Brazil Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Iron Ore Market
28.1. Middle East Iron Ore Market Overview
28.2. Middle East Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Iron Ore Market
29.1. Africa Iron Ore Market Overview
29.2. Africa Iron Ore Market, Segmentation by Mining Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Iron Ore Market, Segmentation by End-Use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Iron Ore Market Competitive Landscape and Company Profiles
30.1. Iron Ore Market Competitive Landscape
30.2. Iron Ore Market Company Profiles
30.2.1. Vale S.A
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Rio Tinto
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. BHP
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Fortescue Metals Group Ltd.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Anglo American Plc
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Iron Ore Market Other Major and Innovative Companies
31.1. National Mineral Development Corporation
31.2. Metinvest
31.3. Angang Steel Company Limited
31.4. Ferrexpo
31.5. Atlas Iron
31.6. Sesa Goa Iron Ore
31.7. Sumitomo Metal Industries Ltd
31.8. M.S India Iron Ore Mines Private Limited
31.9. Vedanta Limited
31.10. Kudremukh Iron Ore Company
31.11. MSPL Limited
31.12. ITOCHU Corporation
31.13. Marubeni Corporation
31.14. Baoshan Iron & Steel Co Ltd
31.15. Ansteel Group Corporation Limited
32. Global Iron Ore Market Competitive Benchmarking33. Global Iron Ore Market Competitive Dashboard34. Key Mergers and Acquisitions in the Iron Ore Market
35. Iron Ore Market Future Outlook and Potential Analysis
35.1 Iron Ore Market in 2028 - Countries Offering Most New Opportunities
35.2 Iron Ore Market in 2028 - Segments Offering Most New Opportunities
35.3 Iron Ore Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Iron Ore Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on iron ore market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for iron ore? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Mining Type: Underground Mining; Surface Mining
2) By End-Use Industry: Construction; Manufacturing; Other End-Uses

Key Companies Mentioned: Vale S.A; Rio Tinto; BHP; Fortescue Metals Group Ltd.; Anglo American Plc

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned

  • Vale S.A
  • Rio Tinto
  • BHP
  • Fortescue Metals Group Ltd.
  • Anglo American Plc
  • National Mineral Development Corporation
  • Metinvest
  • Angang Steel Company Limited
  • Ferrexpo
  • Atlas Iron
  • Sesa Goa Iron Ore
  • Sumitomo Metal Industries Ltd
  • M.S India Iron Ore Mines Private Limited
  • Vedanta Limited
  • Kudremukh Iron Ore Company
  • MSPL Limited
  • ITOCHU Corporation
  • Marubeni Corporation
  • Baoshan Iron & Steel Co Ltd
  • Ansteel Group Corporation Limited
  • Minmetals Land Limited
  • Zijin Mining Group Company Limited
  • Luossavaara-Kiirunavaara Aktiebolag
  • Sydvaranger AS
  • Rana Gruber AS
  • Beowulf Mining plc
  • SIMEC Group
  • Metalloinvest MC LLC
  • Severstal Group
  • Evraz Group SA
  • NLMK Group
  • Mechel
  • Black Iron
  • ArcelorMittal SA
  • POSCO
  • Amaroq Minerals Ltd
  • Greenland Resources Inc
  • Bluejay Mining Plc
  • Redpath Mining Inc
  • Agnico Eagle Mines Limited
  • United States Steel Corporation
  • Cleveland-Cliffs Inc
  • CSN MINERACAO
  • Kinross Brasil Mineracao SA
  • AndesMinerals SA
  • Coro Mining Corp
  • Ma'aden
  • Chadormalu Mining & Industrial Co
  • Golgohar Mining & Industrial Co
  • KOC Holding AS
  • Iran Central Iron Ore Co
  • Kumba Iron Ore Limited
  • Sedibeng Iron Ore
  • Assmang
  • Richards Bay Minerals
  • African Natural Resources and Mines Limited
  • Tshipi Borwa Mine
  • Khumani Mine
  • Sishen Mine

Methodology

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