Quick answer: How Much Iron Is Left In The World?

What country has the most iron?

The Highest Iron Ore Producing Countries In The WorldRankCountryIron Ore Production (in thousands of metric tons)1China1,380,0002Australia824,0003Brazil428,0004India129,0006 more rows•Apr 25, 2017.

Which country is the largest producer of iron and steel?

ChinaChina is the biggest steel producing country, accounting for 50.3% of the world’s total steel production in 2015. Modern applications of steel range from cookware to skyscraper construction and beyond. Steel emerged as an alternative to standard traditional iron, due to its flexibility, durability, and malleability.

Will we run out of iron?

We will never run out of iron too because it comprises 5% of all Earth Crust. However, currently only those ores that contain above 50% iron are economic. … However, 10% of all the rock in the Earth is limestone. Moreover, cement is one the most recycled materials in the world.

Can we run out of oil?

According to BP’s Statistical Review of World Energy, global oil reserves at the end of 2012 were 1.7 trillion barrels. Given that the world consumes about 86 million barrels of crude oil per day, it would be easy to conclude we’ll run out of oil in 55 years, or sooner if we increase production consumption.

Will salt ever run out?

Can the planet ever run out of salt? … Therefore, the sodium and chloride ions that compose salt don’t really go anywhere. Theoretically, they can be combined into table salt at any time given enough energy.

What country has the most gold?

Top 10 Countries with Largest Gold ReservesUnited States. Tonnes: 8,133.5. Percent of foreign reserves: 76.0 percent.Germany. Tonnes: 3,366.8. Percent of foreign reserves: 71.9 percent. … Italy. Tonnes: 2,451.8. Percent of foreign reserves: 67.4 percent. … France. Tonnes: 2,436.1. … Russia. Tonnes: 2,219.2. … China. Tonnes: 1,936.5. … Switzerland. Tonnes: 1,040.0. … Japan. Tonnes: 765.2. … More items…•

Where is most iron ore mined?

Currently magnetite iron ore is mined in Minnesota and Michigan in the U.S., Eastern Canada and Northern Sweden. Magnetite-bearing banded iron formation is currently mined extensively in Brazil, which exports significant quantities to Asia, and there is a nascent and large magnetite iron-ore industry in Australia.

Who is the biggest iron ore producer?

Ferro giants- the world’s biggest iron ore producersUSA is the eighth biggest iron ore producing country. … China is the world’s biggest iron ore producing country. … Rio Tinto’s Hamersley iron ore mining operation is the biggest in Australia.Carajas in Brazil is the world’s biggest iron ore mine.India is the fourth biggest iron ore producer.More items…•

What country has the most diamonds?

Top five diamond mining countries in the worldRussia. Home to arguably the richest and largest diamond resources in the world, Russia tops the list with more than 12 open-pit mines. … Botswana. Africa’s top diamond producer, Botswana sits second in this global list. … Democratic Republic of Congo. … Australia. … Canada.

Where does iron come from?

Iron makes up about 5% of the Earth’s crust and a large part of the Earth’s core. Iron also comes from meteorites. On earth Iron is found mainly inside the minerals hematite (Fe2O3) and magnetite (Fe3O4.) Removing the iron from these minerals is a reasonably long process involving many large industrial factories.

Which country is first in iron production?

ListRankCountryUsable iron ore production (thousand tonnes)1Australia660,0002Brazil320,000(estimate)3China210,0004India153,00040 more rows