Is Brazil producing iron ore?

The Brazilian state of Pará was the leading iron ore mine producer in Brazil in 2020, with over 192 million metric tons produced. … Combined, these two states accounted for around 98 percent of the country’s iron ore production that year.

How much iron ore does Brazil produce?

Brazil – 400 million tonnes

Brazil produced an estimated 400 million tonnes of iron ore in 2020 – slightly less than in 2019 but still roughly 17% of the global total. The Carajás Mine in Brazil’s northern state of Pará is one of the largest iron ore mines globally, and is operated by Rio de Janeiro-based company Vale.

Which country is the largest producer of iron ore?

Seven countries with the largest crude iron ore reserves in the world

  1. Australia – 48 billion tonnes. …
  2. Brazil – 29 billion tonnes. …
  3. Russia – 25 billion tonnes. …
  4. China – 20 billion tonnes. …
  5. Ukraine – 6.5 billion tonnes. …
  6. Canada – 6 billion tonnes. …
  7. India – 5.5 billion tonnes.

Where does US get its iron ore?

Between 2016 and 2019, around 58 percent of all imports of usable iron ore into the United States came from Brazil. Canada, Sweden, and Chile were other important iron ore trading partners with the U.S.

What is the iron ore price today?

Industrial Metals

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Name Price %
Iron Ore 138.99 -4.20
Copper 9,330.75 -1.17
Nickel 19,549.00 -0.44
Zinc 3,019.00 0.36

Which country has the best iron ore?

Leading iron ore producing countries worldwide

Australia and Brazil are among the world’s largest iron ore producers and hold a large portion of the world’s iron ore reserves. Australia makes up half of the world’s iron ore exports.