Vale Q2 iron ore output up 2.4% from a year earlier
The company reported output of 80.6 million metric tons for the steel-making ingredient in the three-month period ended in June.
All that land makes Russia global leader in metal reserves.
W.E.R.I made this chart showing Russia’s ranking in metal reserves, along with the amount of coal the country produces compared to other countries.
Russia is a global leader in its percentage of iron ore reserves.