Iron Ore Industry Information - ASGCO Conveyor SolutionsThey formed from chemical reactions that combined iron and oxygen in marine and fresh waters. The two most important minerals in these deposits are iron oxides: hematite (Fe2O3) and magnetite (Fe3O4). These iron ores have been mined to produce almost every iron and steel object that we use today – from paper clips.use of iron ore in industrie,Minerals | Iron OreTheir concentration in economic proportions is referred to as 'iron ore'. Other well known uses of iron compounds are: Iron sulfate used as fungicide, the oxalate of iron in photographic development, limonite, goethite, hematite as pigments and abrasives, magnetite in the production of industrial electrodes.use of iron ore in industrie,Iron Ore - Department of Industry, Innovation and ScienceAustralia is one of the world's key iron ore producers. Of the nation's natural resources, in Australia iron ore is the most plentiful. Iron ores are rocks and minerals from which metallic iron can be economically extracted. Ninety-eight percent of mined iron is used to make steel. The extraction of iron ore is generally performed.
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