Australia has many minerals and that makes up most of Australia's wealth
Australian naturally occurring resources In Australia we have some of the best natural resource supplies in all of the world. Australia in the highest and best producer of rutile, zircon, bauxite, iron ore and ilmenite. Here is a list of 10 of the main natural resources that Australia has. 1. Gold is quite a largely mined resource in Australia and most of the gold mines are found in Western Australia. 2. Zircon is found more in Australia than anywhere else in the world. It is found all throughout Australia and has many various colours. 3. Rutile is a quite valuable naturally occurring resource in Australia because it can be used to make titanium dioxide. 4. Ilmenite is the most common naturally occurring resource in Australia and in 1995 in Western Australia 1 million tonnes of ilmenite was produced. 5. Australia is the leading bauxite producer in the world even there are only five bauxite mines in Australia at the moment. 6. In Western Australia during 2011 Australia produced 474 million tonnes of iron ore. Australia produced 47 percent of the amount of iron ore produced in the whole world. 7. Lead was the first metal ever mined in Australia in South Australia but now most of the lead mines are found in nsw and south Australia. 8. Coal is one of the most common minerals found in Australia. The mines for coal can be found all throughout Australia because it's so common. 9. Australia is the third best country for uranium mining and is mostly mined in South Australia. It is a very dangerous substance therefore not the most commonly mined natural resources. 10. Zinc is most commonly mined in Queensland even though there are zinc mines in every state besides ACT.
Iron ore is a metal on the periodic table and is one of the most commonly occurring metals that are found in rocks. Iron ore is also a very valuable metal and is also very commonly found all through Australia. It is also one of the most commonly found naturally occurring resources in the world with Australia being the leading country for the mining of iron ore. Iron ore can be a lot of different colours such as red, grey, yellow and purple. Iron ore is also a sedimentary rock meaning it is made up of sediments. Iron is chemically reactive especially when it's reacting with oxygen which is why metal rusts easily.
Most of the iron ore found in Australia was formed centuries ago when organisms began photosynthesis underwater and the oxygen combined with the already existing iron and created sedimentary rocks such as hematite and magnetite. Then these existing sedimentary rocks formed banded iron formations on the seafloor and is now part of the land.
Iron ore is generally melted down to just get its element which is then cooled off and used to make steel. Then the steel is used to make a lot of things such as houses, cooking utensils, boats and even tools such as axes and wood splitters. Scientists have estimated that about 5% of the earth's crust is made up of iron ore. In 2011 in Western Australia 474 million tonnes of iron ore was mined and produced in Australia.
Iron ore is found all over Australia but is mostly mined in Western Australia because that is where the highest concentrated areas for iron ore is and there is also a lot of area to mine in Western Australia and close to the northern top part of Western Australia close to Perth. Also known as the Pilbara region. Roughly 95 percent of all iron ore mined in australia is mined in this area.
Iron ore has a very high market value and a lot of the mining company's shares are worth a lot of money and only one share of bhp costs 25.51 dollars. Although iron prices have been a bit high and low recently. The production of iron ore gives Australia a lot of wealth and gives Australia a lot of job options such as being in the mining industry.