Iron Ore Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
ACS | F | Accent Resources N.L. | 0.00 | |
ADY | A | Admiralty Resources NL | 0.00 | |
AKO | D | Akora Resources Limited | 0.00 | |
AON | F | Apollo Minerals Limited. | 0.00 | |
AZJ | C | Aurizon Holdings Ltd | -0.26 | |
ACM | F | Australian Critical Minerals Ltd | 1.49 | |
BCI | D | BC Iron Limited | -2.13 | |
BHP | D | BHP Billiton Limited | 0.80 | |
BCB | D | Bowen Coking Coal Ltd | -5.45 | |
BUR | F | Burley Minerals Ltd | 1.96 |
Related Industries: Asset Management Building Materials Chemicals Coal Copper Engineering & Construction Gold Industrial Metals & Minerals Internet Content & Information Other Industrial Metals & Mining Other Precious Metals & Mining Railroads Steel Utilities - Independent Power Producers
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
IHD | B | iShares S&P/ASX High Dividend Index Fund | 8.65 | |
QRE | A | aShares Australian Resources Sector ETF | 7.47 | |
OZR | B | SPDR S&P/ASX 200 Resources Fund | 7.41 | |
ZYAU | B | Zyau Etfs S&P/Asx 300 High Yield Plus Etf (Asx) | 6.89 | |
MVR | A | Market Vectors Australian Resources ETF | 6.84 |
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- Iron Ore
Iron ores are rocks and minerals from which metallic iron can be economically extracted. The ores are usually rich in iron oxides and vary in colour from dark grey, bright yellow, or deep purple to rusty red. The iron itself is usually found in the form of magnetite (Fe3O4, 72.4% Fe), hematite (Fe2O3, 69.9% Fe), goethite (FeO(OH), 62.9% Fe), limonite (FeO(OH)·n(H2O), 55% Fe) or siderite (FeCO3, 48.2% Fe).
Ores containing very high quantities of hematite or magnetite (greater than about 60% iron) are known as "natural ore" or "direct shipping ore", meaning they can be fed directly into iron-making blast furnaces. Iron ore is the raw material used to make pig iron, which is one of the main raw materials to make steel—98% of the mined iron ore is used to make steel. Indeed, it has been argued that iron ore is "more integral to the global economy than any other commodity, except perhaps oil".
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