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.
Location. We are located in northeastern Minnesota near the community of Hoyt Lakes, within the established Mesabi Iron Range mining district. The project is located south of the Laurentian Divide in the St. Louis River basin, 175 river miles upstream from Lake Superior.
Forward Mining Ltd is seeking approval for the Rogetta Iron Ore Mine (the Project), south of Burnie in northern Tasmania. The project encompasses the extraction and processing of iron ore from a site just south east of Hampshire for trucking and export via Burnie Port, and all associated infrastructure.
Although iron ore resources occur in all the Australian States and Territories, almost 90% of identified resources (totalling 54 billion tonnes) occur in Western Australia, including almost 80% in the Hamersley Province, one of the world's major iron ore provinces.