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Iron Ore – Australia Australia is the world’s leading producer of iron ore, a vital raw material used in steelmaking. The country's Pilbara region in Western Australia holds vast high-grade hematite deposits, with iron content often exceeding 60%. Major mining companies like Rio Tinto and BHP operate massive open-pit mines here, exporting millions of tons annually to countries like China, Japan, and South Korea. Iron ore is essential for infrastructure, construction, and manufacturing, making it one of the most traded commodities globally. Australia's stable geology, efficient supply chains, and proximity to Asian markets have cemented its dominance in the global iron ore industry.

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