1. Australia
Production of iron ore in 2018 (in thousand metric tons): 900,000
Production of iron ore in 2019 (in thousand metric tons): 930,000
Topping the list of the largest iron ore producing countries in the world is Australia, which has more production than the next two countries on this list! This should come as no surprise, considering that Australia’s iron ore reserves far surpass any other country, and are in fact over one third of the global identified reserves of iron ore.