INFOGRAPHIC: Magnetite is the future of iron ore
Visual Capitalist illustrates the importance of magnetite in its newest infographic.
Magnetite ore, long the leading source of domestic iron supply in North America, Europe and China, is now increasingly relevant across the globe. The perception that magnetite ore is an inferior substitute to hematite ore is now firmly changing.
As easily accessibly, economic hematite deposits become rarer, magnetite ore will continue to emerge as an important source of the world’s iron.