Who is the largest producer of iron ore in Australia?

Who produces the most iron ore in Australia

Rio Tinto

Rio Tinto. Leading producers of iron ore in Australia are Rio Tinto, BHP, Fortescue Metals Group, Mitsui and Mineral Resources.

Who owns the most iron ore in Australia

Australia's single largest iron ore mine, Roy Hill, is HPPL's majority-owned (70%) $10bn mega operation. Successful development has seen Roy Hill producing 55 million tonnes of ore in 2019. Hancock's Hope Downs joint venture with Rio Tinto produced about 47 million tonnes in the same year.

Who mines iron ore in Australia


Mine Majority Owner Status
Hope Downs mine Rio Tinto / Hancock Prospecting Producing
Iron Valley mine Mineral Resources Ltd Producing
Jimblebar mine BHP Producing
Karara mine Karara Mining Producing

Who is the largest iron ore producer


Global iron ore production in 2021 was estimated at 2,537 million tons, with Australia leading as the top producer, accounting for 35% of the total.

Who are the top 3 producer of iron ore


Rank Country Usable iron ore production (1000 tonnes)
World 2,500,000
1 Australia 930,000
2 Brazil 480,000
3 China 350,000

What are the biggest iron mining companies in Australia

What are the biggest iron ore companies listed on the ASX BHP, Rio Tinto and Fortescue Metals Group are the top by market cap. Iron — the world's most commonly used metal — is key for the steel making industry.

Where is iron ore mines in Australia

Approximately 96% of Australia's iron ore exports are high-grade hematite, the bulk of which has been mined from deposits in the Hamersley province of Western Australia. The Brockman Iron Formation in this province is the most significant host for high-grade hematite iron ore deposits.

Where does most of Australia’s iron ore come from

Hamersley Province

Although iron ore resources occur in all the Australian States and Territories, almost 90% of identified resources occur in Western Australia, including almost 80% in the Hamersley Province, one of the world's major iron ore producing regions.

Who are the largest iron ore producers in Asia

China – 20 billion tonnes. Ukraine – 6.5 billion tonnes.

Who are the biggest mining companies in Australia

Top 10 Australian mining companiesBHP. Market cap: $160bn.Rio Tinto. Market cap: $115.74bn.Fortescue. Market cap: $46.63bn.Newcrest Mining. Market cap: $17.55bn.South32. Market cap: $13.74bn.Mineral Resources. Market cap: $10.40bn.Northern Star Resources. Market cap: $10.58bn.Pilbara Minerals. Market cap: $7,8bn.

Who exports iron ore from Australia


THE FASTEST GROWING Iron Ore EXPORT MARKETS FOR Australia WERE (2020 – 2021): China $30.8B (47.5%) Japan $4.68B (106%) South Korea $3.57B (82.2%)

Which is the 2nd largest producer of iron ore in Asia


India. India is Asia's second-largest producer of iron ore and the fourth-largest producer worldwide. It produces about 200 million metric tons every year and accounts for 9.6% of the total iron ore produced around the globe.

Who owns the biggest mining companies in Australia

According to the ASX, the largest mining company in Australia, and the world for that matter, is none other than BHP Group Ltd (ASX: BHP). The mining giant boasts a market capitalisation of $261.62 billion and is by far the biggest player on the ASX.

Who owns the largest mine in Australia

Mount Whaleback Mine in Western Australia, was the largest mine in Australia, producing approximately 88.8 million metric tons per annum (mmtpa) of Run-of-Mine (ROM) in 2021. The Mount Whaleback Mine is owned by BHP;Mitsui & Co Ltd;Itochu Corp, and is due to operate until 2037.

Who is Australia’s biggest exports

Yearly Trade

During the last five reported years the exports of Australia have changed by $139B from $204B in 2016 to $343B in 2021. The most recent exports are led by Iron Ore ($118B), Coal Briquettes ($54.3B), Petroleum Gas ($39.2B), Gold ($17.6B), and Wheat ($7.36B).

Is Australia the largest exporter of iron

Australia is consistently the leading iron ore exporting country in the world. On the other hand, China is the world's largest importer of iron ore, accounting for a 70 percent share of the total global iron ore imports based on value in 2021.

What are the top 3 iron ore producing country


# Country Iron Ore Production
1 Australia 564,519 ktǂ
2 Brazil 246,791 ktǂ
3 People's Republic of China 225,000 ktǂ
4 India 127,000 ktǂ

Who is the richest mine owner in Australia

Gina Rinehart

Georgina Hope Rinehart AO (née Hancock, born 9 February 1954) is an Australian billionaire mining magnate, businesswoman and heiress. Rinehart is the Executive Chairman of Hancock Prospecting, a privately owned mineral exploration and extraction company founded by her father, Lang Hancock.

Who is the richest Australian mining

The release of the 2023 Forbes list of Australia's 50 richest people has seen major miners take out the top two spots. Hancock Prospecting executive chairman Gina Rinehart took out the top spot with a net worth of $30.6 billion, followed closely by Fortescue Metals executive chairman Andrew Forrest.

What are the 5 largest mining sites in Australia

Australia: Five Largest Mines in 2021

Mine Name Production (mmtpa)
Mount Whaleback Mine 88.8
Jimblebar Hub 67.15
Yandicoogina Mine 64.47
Kings Valley Mine 63.32

What are 3 major exports in Australia

Yearly Trade

The most recent exports are led by Iron Ore ($118B), Coal Briquettes ($54.3B), Petroleum Gas ($39.2B), Gold ($17.6B), and Wheat ($7.36B). The most common destination for the exports of Australia are China ($138B), Japan ($47B), South Korea ($29.4B), India ($20.5B), and Chinese Taipei ($13.2B).

What are Australia’s top 3 export partners

Trade tops A$1 trillion

China remained Australia's largest trading partner in 2021–22, accounting for 27% of our two-way trade. Japan and Korea account for a further 18%. Many Australian companies are diversifying their export markets, and the ASEAN region now accounts for 14% of total trade.

Who is Australia’s biggest export

iron ore

What Does Australia Export Australia's main export is iron ore, followed by their other most valuables exports coal, gold, and petroleum.

What are Australia’s 5 largest exports

The most recent exports are led by Iron Ore ($118B), Coal Briquettes ($54.3B), Petroleum Gas ($39.2B), Gold ($17.6B), and Wheat ($7.36B). The most common destination for the exports of Australia are China ($138B), Japan ($47B), South Korea ($29.4B), India ($20.5B), and Chinese Taipei ($13.2B).

Which country in Asia is the largest producer of iron in the world


China – 20 billion tonnes.