Before You Know How Australia Ships 1000000 Tons of Iron Ore Daily, see this Comparison
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Discover the top iron ore producing nations that fuel the world's steel industry! 🌍 From Australia's vast Pilbara region to Brazil's rich deposits, explore the countries dominating the global iron ore market. 📈
Then watch the following videos:
1- How Iron Ore Mining Works!
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Situated in Western Australia, the Pilbarra looks like a barren orange-red expanse to the untrained eye. But anyone who knows anything about mining knows it's one of the world's most valuable and vital regions. Why? Iron ore… Steel makes our world go round — cars, buildings, and power wouldn't exist without the stuff. And steel requires two main ingredients: coal and iron ore, which makes iron ore as critical to humanity as it gets. In 1968, Western Australian iron ore production was about 20 million tons. Today, the region exports over 850 million tons annually. With new mines still opening and existing mines undergoing expansions, the Pilbara's iron production will continue STRONG for decades. When I asked Rio Tinto to visit their new mine, Gudai Darri, they also asked if we wanted to check out their rail and port operations. I promptly signed us up! Rio Tinto has SEVENTEEN iron ore operations in the Pilbara. Gudai Darri started in 2022 and will operate for 40 years at an annual production rate of 40+ million tons.
2- How Australia Ships One Million Tons of Iron Ore Daily!
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It's time to transport it from the remote Pilbara mines to the sea, where it will eventually travel by ship to steel mills worldwide. Rio Tinto operates one of Australia's largest private rail networks, with over two hundred remotely operated locomotives moving about one million tons of iron ore daily. The trains visit all seventeen of Rio Tinto's operations for loading, then haul the ore across the barren Pilbara landscape to Cape Lambert. Once at Cape Lambert, Rio Tinto's port operation, dumpers pour the iron ore out of each car, and the precious metal is moved by conveyor to various stockpiles. Ships arrive at both of Cape Lambert's wharves daily, where four ship loaders fill each bulk carrier with ore over roughly 24 hours.
3- Melting 50 Million Tons of Iron Ore! Process of Making High Quality Wire Rods in Korea
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4- China's property bust becoming Australia's iron ore headache | The Business | ABC News
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Beijing's attempts to 'fire up' its post-covid economy with a building boom have led to an oversupply of property and the steel used in construction. China's property problems have become Australia's headache with the price of iron ore plunging by around thirty per cent this year. Federal Treasury analysis has revealed the budget will take a $3-billion hit over four years if prices continue to tumble.
#IronOre #Mining #NaturalResources #GlobalEconomy #Steel #AaronWitt #FactoryMonster
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