5 Largest Iron Ore Producing Countries In The World

4. India

Total Number Of Iron Ore Production: 240 million ton  

India’s iron ore industry significantly boosts employment and local economies. NMDC, the country’s largest iron ore miner, achieved a milestone production of 40 million million tons in 2021, with the company targeting 50 million MT by 2023 and 100 million MT by 2030. India ranks seventh in iron ore exports, valued at $4.3 billion in 2021. The Indian government emphasizes domestic processing, reducing raw ore exports, and promoting local beneficiation.