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Australia's iron ore reserves and resources are in both hematite and magnetite ores. Because of the high average grades (% Fe) of hematite ores when compared to the average grades for magnetite ores, it is necessary to report national resources in terms of contained iron.

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Iron Ore | Geoscience Australia

Jun 30, 2016· Australia's total production of iron ore for 2015 was 811 Mt with WA producing 799 Mt, or 98.5% of overall production. South Australia had a slight decrease in its iron ore production from approximately 11.3 Mt in 2014 to 9 Mt in 2015, representing 1% of Australia's total iron ore production.

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