Global Iron Ore Mining to 2024 – Impact of COVID-19

In 2019, the global iron ore demand and supply gap, which has been in surplus for the past two decades, narrowed to 163.9Mt, with an estimated 2,258Mt of iron ore mine production – up by 1.3% on 2018. However, demand growth for iron ore is expected to slow in 2020, mainly due to a slump in demand from China in the first half of the year, as a result of the coronavirus (COVID-19) outbreak. Global iron ore production is expected to decline marginally by 1.2% in 2020 to 2,230.8 million tonnes (Mt) as the leading producers are impacted by a range of factors including weather-related disruptions and mine closures due to COVID-19. Between 2021 and 2024, global production of iron ore is expected to grow at a CAGR of 3.5%, to reach 2,553.8Mt in 2024, with Australia, Brazil, Russia and India being the key contributors towards this growth.

Scope

The report contains an overview of global iron ore mining industry including key demand driving factors affecting the global iron ore mining industry. It provides detailed information on reserves, reserves by country, production, production by country, major operating mines, competitive landscape, major exploration and development projects, consumption, and major exporters and importers.

Reasons to buy

To gain an understanding of the global iron ore mining industry, relevant driving factors

To understand historical and forecast trend on global iron ore production, and consumption

To identify major exporters and importers

To identify key players in the global iron ore mining industry

To gain an understanding of major active, exploration and development projects

Companies mentioned

Vale SA, Rio Tinto, Anglo American plc, BHP, Fortescue Metals Group Ltd and ArcelorMittal

Table of Contents

1 Table of Contents

1.1 List of Tables

1.2 List of Figures

2 Executive Summary

3 Global Iron Ore Mining: Reserves, Production, and Prices

3.1 Global Iron Ore Reserves by Country

3.1.1 Australia

3.1.2 Brazil

3.1.3 Russia

3.1.4 China

3.2 Iron Ore Production

3.2.1 Production by country

3.2.2 Production by company

3.3 Iron ore prices

4 Iron Ore Assets

4.1 Active Mines

4.1.1 APAC

4.1.2 Europe

4.1.3 Former Soviet Union

4.1.4 Middle East and Africa

4.1.5 North America

4.1.6 Oceania

4.1.7 South and Central America

4.2 Exploration Projects

4.2.1 APAC

4.2.2 Europe

4.2.3 Former Soviet Union

4.2.4 Middle East and Africa

4.2.5 North America

4.2.6 Oceania

4.2.7 South and Central America

4.3 Development Projects

4.3.1 APAC

4.3.2 Europe

4.3.3 Former Soviet Union

4.3.4 Middle East and Africa

4.3.5 North America

4.3.6 Oceania

4.3.7 South and Central America

5 Demand And Trade

5.1 Global Iron Ore Trade

5.2 Global Iron Ore Consumption

5.2.1 Demand from the Steel Industry

5.2.2 Demand from the Construction Sector

5.3 Global Iron Ore Market Balance

6 Major Iron ore Producers

6.1 Vale SA

6.2 Rio Tinto

6.3 BHP

6.4 Fortescue Metals Group (FMG)

6.5 Anglo American Plc

6.6 ArcelorMittal

7 Appendix

7.1 Abbreviations

7.2 Methodology

7.3 Coverage

7.4 Secondary Research

7.5 Contact Us

7.6 Disclaimer

List of Tables

Table 1: Global Iron Ore Mining – Crude Ore Reserves and Iron Content by Country (Billion Tonnes), January 2020

Table 2: Global Iron Ore Mining – Top Active Mines in Australia by Total Ore Reserves (Million Tonnes), 2020

Table 3: Global Iron Ore Mining – Top Active Mines in Brazil by Total Ore Reserves (Million Tonnes), 2020

Table 4: Global Iron Ore Mining – Top Active Mines in Russia by Total Ore Reserves (Million Tonnes), 2020

Table 5: Global Iron Ore Mining – Top Active Mines in Russia by Total Ore Reserves (Million Tonnes), 2020

Table 6: Global Iron Ore Mining – Historical and Forecast Iron Ore Production (Million Tonnes), 2004–2024

Table 7: Global Iron Ore Mining – Iron Ore Production by Country (Million Tonnes), 2004–2024

Table 8: Global Iron Ore Mining – Iron Ore Production in Australia (Million Tonnes), 2004–2024

Table 9: Global Iron Ore Mining – Iron Ore Production in Brazil (Million Tonnes), 2004–2024

Table 10: Global Iron Ore Mining –Iron Ore Production Guidance by Company (Million Tonnes), 2020

Table 11: Global Iron Ore Mining – World Iron Ore Prices, Quarterly (US$/Tonne), 2014–2020

Table 12: Global Iron Ore Mining – Active Mines in APAC, 2020

Table 13: Global Iron Ore Mining – Active Mines in Europe, 2020

Table 14: Global Iron Ore Mining – Active Mines in Former Soviet Union, 2020

Table 15: Global Iron Ore Mining – Active Mines in Middle East and Africa, 2020

Table 16: Global Iron Ore Mining – Active Mines in North America, 2020

Table 17: Global Iron Ore Mining – Active Mines in Oceania, 2020

Table 18: Global Iron Ore Mining – Active Mines in South and Central America, 2020

Table 19: Global Iron Ore Mining – Exploration Projects in APAC, 2020

Table 20: Global Iron Ore Mining – Exploration Projects in Europe, 2020

Table 21: Global Iron Ore Mining – Exploration Projects in Former Soviet Union, 2020

Table 22: Global Iron Ore Mining – Exploration Projects in Middle East and Africa, 2020

Table 23: Global Iron Ore Mining – Exploration Projects in North America, 2020

Table 24: Global Iron Ore Mining – Exploration Projects in Oceania, 2020

Table 25: Global Iron Ore Mining – Exploration Projects in South and Central America, 2020

Table 26: Global Iron Ore Mining – Development Projects in APAC, 2020

Table 27: Global Iron Ore Mining – Development Projects in Europe, 2020

Table 28: Global Iron Ore Mining – Development Projects in Former Soviet Union, 2020

Table 29: Global Iron Ore Mining – Development Projects in Middle East and Africa, 2020

Table 30: Global Iron Ore Mining – Development Projects in North America, 2020

Table 31: Global Iron Ore Mining – Development Projects in Oceania, 2020

Table 32: Global Iron Ore Mining – Development Projects in South and Central America, 2020

Table 33: Global Iron Ore Mining – Top Importers of Iron Ore Ores and Concentrates (Million Tonnes), 2019

Table 34: Global Iron Ore Mining – Top Exporters of Iron Ore Ores and Concentrates (Million Tonnes), 2019

Table 35: Global Iron Ore Mining – Vale SA, Major Projects, 2020

Table 36: Global Iron Ore Mining – Rio Tinto, Major Projects, 2020

Table 37: Global Iron Ore Mining – BHP, Major Projects, 2020

Table 38: Global Iron Ore Mining – Fortescue Metals Group Ltd, Major Projects, 2020

Table 39: Global Iron Ore Mining – Anglo American, Major Projects, 2020

Table 40: Global Iron Ore Mining – ArcelorMittal, Major Projects, 2020

List of Figures

Figure 1: Global Iron Ore Mining – Crude Ore Reserves and Iron Content by Country (Billion Tonnes), 2016–2020

Figure 2: Global Iron Ore Mining – Crude Ore Reserves and Iron Content by Country (%), January 2020

Figure 3: Global Iron Ore Mining – Historic and Forecast Iron Ore Production (Million Tonnes), 2004–2024

Figure 4: Global Iron Ore Mining – Iron Ore Production by Country (Million Tonnes), 2019

Figure 5: Global Iron Ore Mining – Iron Ore Production in Australia (Million Tonnes), 2004–2024

Figure 6: Global Iron Ore Mining – Iron Ore Mine Production in Brazil (Million Tonnes), 2004–2024

Figure 7: Global Iron Ore Mining – Iron Ore Production by Company (Million Tonnes), 2018–2019

Figure 8: Global Iron Ore Mining – World Iron Ore Prices, Quarterly (US$/Tonne), 2014–2020

Figure 9: Global Iron Ore Mining – Top Exporters and Imports of Iron Ore Ores and Concentrates (%), 2019

Figure 10: Global Iron Ore Mining – Global Iron Ore Consumption (Million Tonnes), 2010–2024

Figure 11: Global Iron Ore Mining – Consumption by Country (%), 2019–2024

Figure 12: Global Iron Ore Mining – Global Iron Ore Demand by End-Use (%), 2019–2024

Figure 13: Global Iron Ore Mining – World Crude Steel Production (Million Tonnes), 2004–2024

Figure 14: Global Iron Ore Mining – China Steel Demand by End-Use (%), 2019

Figure 15: Global Iron Ore Mining – India’s Crude Steel Production (Million Tonnes), 2004–2024

Figure 16: Global Iron Ore Mining – China Construction Output Value (Real, US$ Billion), 2019–2024

Figure 17: Global Iron Ore Mining – India’s Construction Output Value, (Real, US$ Billion), 2019–2024

Figure 18: Global Iron Ore Mining – Iron Ore Market Balance (Million Tonnes), 2010–2024

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