5 Largest Iron Ore Producing Countries In The World

2. Brazil 

Total Number Of Iron Ore Production: 380 million tons 

Brazil, the second-largest iron ore producer globally, holds a substantial 19% share of global production. The Carajás Mine, operated by Vale in Pará state, stands among the world’s largest iron ore mines, boasting vast high-grade ore reserves. With China as the primary importer, Brazil predominantly exports its iron ore. In 2021, Brazil’s iron ore exports amounted to $46.2 billion, positioning the country as the second-largest exporter of iron ore worldwide.