Iron ore in numbers
Iron ore (Fe) drawn as one poster: 2.6 Gt of world mine production in 2025, Australia the largest producer, 2 critical mineral lists. Scroll to draw it, then download it as SVG or PNG.
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The numbers
The figures on the poster, with their sources. Production and reserves are USGS estimates, trade values are CEPII BACI customs data, demand is the IEA's outlook.
- World mine production, 2025
- 2.6 Gt (usable ore) USGS Mineral Commodity Summaries 2026
- Largest producer
- Australia, 980 Mt (38% of world) USGS Mineral Commodity Summaries 2026
- Top three producers' share
- 66% USGS Mineral Commodity Summaries 2026
- World reserves, 2025
- 87 Gt (Fe content), largest in Australia USGS Mineral Commodity Summaries 2026
- Critical mineral lists
- 2 current lists in 2 jurisdictions (China, United Kingdom) government critical mineral lists
- Price, 2025
- 100 $/dmtu (Iron ore, cfr spot (nominal USD; Fines, 62% Fe, spot, CFR China (from Dec 2008; earlier series differ))) World Bank Pink Sheet
- World production, 1904
- 96 Mt (USGS historical series, as reported) USGS Data Series 140 (historical statistics)
- World production, 2021 (historical series)
- 2.7 Gt USGS Data Series 140 (historical statistics)
- Largest trade flow, 2024
- Australia → China, $73 bn (HS 260111, Iron ores and concentrates, non-agglomerated); world trade $143 bn CEPII BACI trade database
Sources
USGS Mineral Commodity Summaries 2026 · USGS Data Series 140 (historical statistics) · CEPII BACI trade database · government critical mineral lists. Figures are rounded; country names follow our atlas.