5 Biggest Iron Ore Producers and Mines in the World

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1. Rio Tinto Group (NYSE:RIO)

Total iron ore produced as of December 2021: 322 million tonnes

Rio Tinto Group (NYSE:RIO) is a British mining company set up in 1873 and headquartered in London. The firm operates mines, mills, smelters, and power stations.

Rio Tinto Group (NYSE:RIO) operates in 35 countries all over the world and the bulk of its assets are located in Australia and North America. The firm owns the world’s largest iron ore mine in Australia, which produced 207 million tons in 2021. Overall Rio Tinto Group (NYSE:RIO) produced 322 million tonnes of iron ore in 2021, alongside 10 million tonnes of iron ore pellets. It also aims to produce between 320 and 335 million tonnes of iron ore this year.

Rio Tinto Group (NYSE:RIO)’s largest investor is Ken Fisher’s Fisher Asset Management which owns 14.8 million shares that are worth $905 million.

Follow Rio Tinto Plc (NYSE:RIO)

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