Latest data from the U.S. Geological Survey (USGS) puts Kazakhstan in the top 10 of countries by volume of mined iron ore.
Almost 2.8 billion tons of metal were extracted in the world in 2022. Iron ore makes up 93.3% of that total, or 2.6 billion tons, which includes 1.6 billion tons of iron. The leaders in iron ore production are Australia (880 million tons in 2022), Brazil (410 million tons), China (380 million tons) and India (290 million tons). USGS has Kazakhstan in ninth on the list, with 66 million tons.
Kazakhstan intends to increase iron ore production in the country, and plans to launch a new mining project in the Kostanay region. Its developers plan to put the Lomonosovskoye deposit into operation in 2025.
