The "Australia Iron Ore Mining to 2035" provides a comprehensive coverage on the Australian Iron ore mining industry. The report provides historical and forecast data on iron ore production, reserves by country, and world iron ore prices. The report also includes a demand drivers section providing information on factors that are affecting the country’s iron ore industry such as demand from end-use sectors including steel, construction, and automobile industries. It further profiles major iron ore producers, and information on the major active, planned, and exploration projects.
Australia remains the world’s largest iron ore producer, accounting for 36.8% of global iron ore production in 2024. The country’s iron ore output is estimated to have reached 967.8 million tonnes (Mt) in 2025, up by 1.4% over 2024, supported by the continued ramp-up of existing operations.
Looking ahead, the country’s iron ore output is anticipated to grow further by 2.6% in 2026, to reach 993.4Mt, underpinned by the ongoing ramp-ups at the Onslow, Western Range and Iron Bridge (North Star Magnetite) projects. This will be further supported by the planned commencement of the McPhee Creek and Lamb Creek along with the resumption of operations at the Koolyanobbing mine in December 2025, following the complete sale of MRL’s iron ore operations and assets in the Yilgarn region (including the Koolyanobbing mine) to Yilgarn Iron Investments Pty Ltd on June 30, 2025. This growth in supply will be partially moderated by the planned closures at Itochu Corp’s Yandi and MRL’s Wonmunna Iron Ore Mines in 2026, which together contributed 27.2Mt of iron ore to the country’s output in 2024.
Australia remains the world’s largest iron ore producer, accounting for 36.8% of global iron ore production in 2024. The country’s iron ore output is estimated to have reached 967.8 million tonnes (Mt) in 2025, up by 1.4% over 2024, supported by the continued ramp-up of existing operations.
Looking ahead, the country’s iron ore output is anticipated to grow further by 2.6% in 2026, to reach 993.4Mt, underpinned by the ongoing ramp-ups at the Onslow, Western Range and Iron Bridge (North Star Magnetite) projects. This will be further supported by the planned commencement of the McPhee Creek and Lamb Creek along with the resumption of operations at the Koolyanobbing mine in December 2025, following the complete sale of MRL’s iron ore operations and assets in the Yilgarn region (including the Koolyanobbing mine) to Yilgarn Iron Investments Pty Ltd on June 30, 2025. This growth in supply will be partially moderated by the planned closures at Itochu Corp’s Yandi and MRL’s Wonmunna Iron Ore Mines in 2026, which together contributed 27.2Mt of iron ore to the country’s output in 2024.
Report Scope
- The report contains an overview of the Australia iron ore mining industry including key demand driving factors affecting the Australian iron ore mining industry. It provides detailed information on reserves, reserves by country, production, competitive landscape, major operating mines, major exploration, and development projects.
Reasons to Buy
- To gain an understanding of the Australian iron ore mining industry, relevant driving factors
- To understand historical and forecast trend on Australian iron ore production
- To identify key players in the Australian iron ore mining industry
- To identify major active, exploration and development projects in Australia an overview of the Australia
Table of Contents
- Overview
- Crude ore reserves
- Iron ore production
- Iron ore prices
- Major active mines
- Major development projects
- Major exploration projects
- Competitive landscape
- Demand and trade
- Taxes and Royalties
- Appendix
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Rio Tinto
- BHP
- Fortescue Ltd
- Mitsui & Co Ltd
- Mineral Resources Ltd
