^ This picture is a map of gold, copper, iron, coal,
uranium and other minerals are deposited from. |
^ This picture is a map of where petroleum is deposited form.
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Mining iron ore:
Iron ore is a cheap and strong material, that’s why billions of companies invest in iron ore, in 2010 $47.2 billion dollars worth of iron ore was shipped to companies. In 1990 to 2010 the buyers of iron ore have expanded numerously. 98% of iron ore is to produce steel.
How is iron ore used?
Iron ore is mainly used to make steel, grooved sheets, wires, steel pipes, nails, reinforcement bars, screws/bolts, beams, needles and tools.
Each year iron ore and steel are responsible 90% for mechanical uses, 60% iron ore and steel products are used to produce transport and construction, 20% iron ore and steel is used for machinery manufacturer and 10% is used for cans and containers.
How is iron ore important to Australia’s economy?
Iron ore is important to Australia’s economy, because without iron ore we wouldn’t have steel. Steel helps to construct transport, any type of building, stainless steel, kitchen cutlery, appliances, cookware, ovens, fences, machinery and iron ore helps create jobs.
Alternative for iron ore:
There are a few materials similar to iron ore and steel such as, copper, carbon, aluminum, silicon and nickel.