Iron Ore
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Iron Ore
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Iron ore is the rock which iron is extracted. The iron comes in the forms of magnetite, hematite, goethite, limonite and siderite, and varied colors from grey, yellow, purple and red. Iron ore is also the raw material used to make pig iron, which is one of the main raw materials for making steel. World consumption of iron ore grows 10% per year in the developing countries like China, Japan, Korea, the United States and the European Union. Iron is the world's most commonly used metal. The main constraint is the position of the iron ore relative to market, the cost of rail infrastructure to get it to market and the energy cost required to do so. As pure iron is virtually non-existent on earth, all sources of iron used by human industry are iron oxide minerals, mainly hematite. However, in some situations, more inferior iron ore sources have been used by industrialized societies when access to high-grade hematite ore was not available.
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