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"Iron Ore Mining in Canada to 2020" now available at Fast Market Research.

[USPRwire, Thu Dec 31 2015] Globally, the country had the eighth-largest crude iron ore reserves at 6.3 billion tonnes (Bnt) as of January 2015, with the majority of iron ore deposits located in Newfoundland and Labrador, followed by Quebec and British Colombia. Canadian iron ore production was 41 million tonnes (Mt) in 2014, lower by 4.2% over 2013 due to the closure of the Wabush Scully mine due to its unsustainably high-cost structure.

Report Highlights

* Deposit-appraisal and exploration expenditures in Canada are expected to decline in 2015 to CAD 1.93 billion (US$ 1.75 billion) - the fourth successive decline and this could impact future mine production.

* In contrast to production levels, domestic iron ore consumption was 12.15Mt in 2014, around 29.6% of production in 2014.

* Iron ores and concentrates exports were 40.3Mt in 2014, up by 5.8% over 2013, while China, the Netherlands, France and South Korea were the major exports markets, collectively accounting for 76% of total exports in 2014.

Full Report Details at

- http://www.fastmr.com/prod/1099130_iron_ore_mining_canada_2020.aspx?afid=302

Report Scope

The report contains an overview of the Canadian 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 Canadian iron ore mining industry, its reserves, historic and forecast data on iron ore production, 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: Cliffs Natural Resources Inc, ArcelorMittal Mines Canada Inc, Iron Ore Company of Canada

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Publication:USPRwire
Geographic Code:1CANA
Date:Dec 31, 2015
Words:328
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