🇨🇳

China

East Asia

CHN

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Iron Ore in China (Strategic Resource) | civic.ng

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Iron Ore

Strategic Resource

Metal • iron_ore • 1 deposit(s)

World's largest steel producer but iron ore quality low. Heavy import dependence from Australia, Brazil.

Liaoning, Hebei, Sichuan, Inner Mongolia

producing

Grade: 30 %Fe - Low grade domestic ore. Imported ore ~62% Fe.

Security:1/5Regulatory:2/5Environmental:3/5

Proved20.00B tonne(in-place)

Quality Tier:proved

Confidence:80%

As of:2025-01-01

✓No data quality warnings

Base Case

Price (USD/tonne)

Recovery Factor(0-1)

Basis: in-place (applied)

Government Take(0-1)

= 30.0%

Gross Value

$1.40Tmodeled

State Value

$420.00Bmodeled

Notes: Large reserves but low grade. Most domestic ore <30% Fe.