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Iron mining in the United States produced 42.5 million metric tons of iron ore in 2015, worth US$3.8 billion. Iron ore was the third-highest-value metal mined in the United States, after gold and copper. 
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The Iron Ore Mining industry's financial performance has been extremely volatile in recent years, despite steady production levels. Over the five years to 2018, the industry has experienced revenue spikes and declines, largely due to substantial fluctuations in the world price of iron ore, ultimately declining.
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This statistic shows the distribution of the top iron ore importing countries worldwide in 2016. In that year, China was by far the country importing the largest amount of iron ore.
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Iron ore is a mineral substance which, when heated in the presence of a reductant, will yield metallic iron (Fe). It almost always consists of iron oxides, the primary forms of which are magnetite (Fe 3 O 4) and hematite (Fe 2 O 3). Iron ore is the source of primary iron for the world's iron and ...
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The top supplying countries are China (Mainland), India, and United States, which supply 99%, 1%, and 1% of iron ore equipment respectively. Iron ore equipment products are most popular in Africa, Domestic Market, and Southeast Asia.
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