As of 2019, magnetite iron ore is mined in Minnesota and Michigan in the United States, eastern Canada, and northern Sweden. Magnetite-bearing banded iron formation is mined extensively in Brazil as of 2019, which exports significant quantities to Asia, and there is a nascent and large magnetite iron ore industry in Australia.
As of 2019, magnetite iron ore is mined in Minnesota and Michigan in the United States, eastern Canada, and northern Sweden. Magnetite-bearing banded iron formation is mined extensively in Brazil as of 2019, which exports significant quantities to Asia, and there is a nascent and large magnetite iron ore industry in Australia