South Africa had crude iron ore reserves of around 1 billion tonnes (bnt) as of January 2015, accounting for 1% of the global total. Hematite and magnetite ore deposits are mostly found in the province of Northern Cape. The country produced 80.8 million tones (Mt) of iron ore in 2014 - up by 13% over the previous year due to an increase in production at the Sishen mine. The Northern Cape was the major iron ore producing province, producing an estimated 72-75mt, followed by the Limpopo (1.1mt) and Mpumalanga provinces (1.9mt).
Report Highlights
* South African iron consumption was an estimated 9.1Mt in 2014, down by 1.1% over 2013, with approximately 98% of the iron ore consumed by the domestic steel industry.
* Hematite and magnetite ore deposits are mostly found in the province of Northern Cape.
* The Department of Mineral Resources is the main body that formulates and regulates mining policy for the exploration, development, utilization, processing and management of the country's mineral resources.
Full Report Details at
- http://www.fastmr.com/prod/1099131_iron_ore_mining_south_africa.aspx?afid=301
Report Scope
The report contains an overview of the South African iron ore mining industry together with the key factors affecting the industry and demand for the commodity.
It also provides information about reserves, historic and forecast data on iron ore production, iron ore consumption, ores and concentrates exports, the competitive landscape and active, exploration and development iron ore projects.
Reasons to Get this Report
Gain an understanding of the South African iron ore mining industry, its reserves, historic and forecast data on iron ore production and production by selected mines, historic and forecast domestic iron ore consumption, iron ores and concentrates exports, demand drivers, active, exploration and development iron ore projects, the competitive landscape and the country's fiscal regime.
Companies Mentioned in this Report: Kumba Iron Ore Ltd, Assmang Ltd
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Company: Fast Market Research, Inc.
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001
Contact Name: Bill Thompson
Contact Email: press@fastmr.com
Contact Phone: 1-413-485-7001