Iron Ore Reserves by Country (Crude Ore)
Three countries appear in the crude-ore table for the first time in 2025 — and one of them lands directly in fifth place. The figures come from the USGS Mineral Commodity Summaries 2019-2026 and describe crude iron ore reserves in million metric tons. Reserves represent estimated quantities that can be economically extracted under applicable conditions, rather than material mined in a given year. All 17 countries have reported 2025 values, with listed reserves totaling 192,990 million metric tons.
Australia (59,000 million metric tons) leads Russia (35,000) and Brazil (34,000), with the top three holding about two-thirds of the listed total between them. China (17,000) follows at half of Brazil's figure, and debutant Mauritania (10,000) slots into fifth. The listed total excludes 11,000 million metric tons reported under Other countries. The rounded world total stands at 200,000 million metric tons in the source. Kazakhstan's +52.0% led 2025 in percentage terms. Mauritania enters the series with 10,000 million metric tons, immediately taking fifth place and outranking twelve incumbents. Chile (3,000) and Mexico (940) enter lower in the ranking, alongside Peru (1,800) and Sweden (1,300) near the bottom. At 150, Türkiye reports the smallest figure — Mauritania's debut is more than sixty-five times larger. China reported 20,000 million metric tons in every year from 2018 through 2024, then 17,000 for 2025 (-15.0%) — its first movement in the entire span. Peru fell from 2,600 to 1,800 (-30.8%) in the same year, while Kazakhstan rose from 2,500 to 3,800 (+52.0%), Iran from 3,800 to 4,200 (+10.5%) and South Africa from 930 to 1,200 (+29.0%). All of these 2025 changes occurred below the top three. Iran has risen every year since 2021, from 2,700 to 4,200; the United States climbed from 2,900 to 3,600; Australia added 1,000 million metric tons in 2025 (+1.7%), extending its lead. Against them, Brazil has held 34,000 since 2020, and Ukraine, Canada and Sweden have each reported the same reserve figure throughout the 2018–2025 series: 6,500, 6,000 and 1,300 million metric tons, respectively. Figures come from the USGS Mineral Commodity Summaries 2019-2026, with 2025 values estimated. Units are million metric tons of crude ore, exactly as reported. This page measures crude ore; iron content is published as a separate series and the two are not interchangeable. Empty means the source reported no value; 0 means the source reports zero. The source’s world total, where published, may be rounded, approximate, a lower bound, or a textual estimate, so shares are computed against the sum of the listed countries. Reserves and production are different measures and should not be combined without equalizing units.
Iron Ore Reserves by Country (Crude Ore)
Mauritania enters in fifth place
China breaks its seven-year run
Iran rises while Brazil stays at 34,000
Iron Ore Reserves by Country (Crude Ore)
#
1
50,000
48,000
50,000
51,000
51,000
58,000
58,000
59,000
2
25,000
25,000
25,000
25,000
29,000
29,000
35,000
35,000
3
32,000
29,000
34,000
34,000
34,000
34,000
34,000
34,000
4
20,000
20,000
20,000
20,000
20,000
20,000
20,000
17,000
5
-
-
-
-
-
-
-
10,000
6
6,500
6,500
6,500
6,500
6,500
6,500
6,500
6,500
7
6,000
6,000
6,000
6,000
6,000
6,000
6,000
6,000
8
5,400
5,500
5,500
5,500
5,500
5,500
5,500
5,500
9
2,700
2,700
2,700
2,700
2,700
3,300
3,800
4,200
10
2,500
2,500
2,500
2,500
2,500
2,500
2,500
3,800
11
2,900
3,000
3,000
3,000
3,000
3,100
3,600
3,600
12
-
-
-
-
-
-
-
3,000
13
-
-
-
2,600
2,600
2,600
2,600
1800
14
1300
1300
1300
1300
1300
1300
1300
1300
15
1200
1100
1000
1000
1000
990
930
1200
16
-
-
-
-
-
-
-
940
17
-
-
-
130
130
152
150
150
Methodology
Frequently Asked Questions
What are crude iron ore reserves?
Crude iron ore reserves are estimated quantities of crude iron ore that can be economically extracted under applicable conditions, in million metric tons. Production measures the amount mined in a year.
Which countries hold the most crude iron ore reserves?
Australia (59,000 million metric tons), Russia (35,000) and Brazil (34,000) reported the largest 2025 values.
Which countries are new in 2025?
Mauritania (10,000 million metric tons), Chile (3,000) and Mexico (940) all reported values for the first time in 2025.
Why do shares use the listed total?
The USGS world total is reported as 200,000 million metric tons and is rounded, so page shares are computed against the sum of the listed countries.
Data Disclaimer: Projected data (future years) are estimates based on mathematical models. Actual values may differ. Learn about our methodology →
Sources
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Updated: 14.09.2026https://www.usgs.gov/centers/national-minerals-information-center/mineral-commodity-summaries
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