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Iron ore Wikipedia
Directshipping ironore (DSO) deposits (typically composed of hematite) are currently exploited on all continents except Antarctica, with the largest intensity in South America, Australia and Asia. Most large hematite ironore deposits are sourced from altered banded iron .
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iron ore. World consumption of iron ore grows 10% per annum on average with the main consumers being China, Japan, Korea, the United States and the European Union.
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With respect to iron ore imports and exports, China imported about 65% of the world's seaborne iron ore trade in 2013, followed by Japan (11%), Europe (10%), and Korea (6%), which is a clear indication that the Asian countries are driving the international iron ore industry.
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