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#0183 #32 China consumes 60% of the world s iron ore but its slowing economy in addition to the European debt crisis are believed to be the driver of this year s collapse in iron ore prices However a turnaround is expected particularly in Brazil where iron ore quality is far better than competitors in Australia India and China

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Mining giants the top ten richest mining companies By Akanksha Gupta Minas Rio iron ore project in Brazil is owned and operated by Anglo American

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Read this article to learn about Production and Distribution of Iron Ore and major places of distribution like 1 China 2 Brazil 3 Australia 4

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THE SOUTH AFRICAN IRON ANd STEEl vAlUE CHAIN

Kumba Iron Ore Ltd is the fifth largest supplier of seaborne iron ore in the world AN OvErvIEw Of ThE SOuTh AfrICAN IrON ANd STEEl vAluE ChAIN of these plants

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South America and South Africa The most important suppliers of iron ore are Brazil Through Brazil Japan Iron Ore Alterosa s two pig iron plants

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#0183 #32 Australia is one of the world s major iron ore or in direct reduction steel making plants The pellets contain 65% to 70% iron Brazil and China

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Miners big and small bank on China s hunger for high grade

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