5 Biggest Iron Ore Producers and Mines in the World

2. Vale S.A. (NYSE:VALE)

Total iron ore produced as of December 2021: 316 million tonnes

Vale S.A. (NYSE:VALE) produces and sells iron ore and iron ore pellets. The company is headquartered in Rio De Janeiro, Brazil.

Vale S.A. (NYSE:VALE)’s Sistema Norte mine in Brazil is the second largest mine in the world, and it produced 185 million tonnes in 2021. For the full year 2021, the firm produced 316 million tonnes of iron ore, which met the low end of its target range of 315 – 335 million tonnes. Vale S.A. (NYSE:VALE) also aims to produce between 320 to 335 million tonnes of iron ore this year.

Vale S.A. (NYSE:VALE)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 22 million shares that are worth $324 million.

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