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With an estimated value of US$5,7 trillion, the largest iron ore deposit in the world, located in Western Australia, reveals a concentration of more than 60% iron and rewrites 1,4 billion years of the planet's geological history.
Beneath the rugged terrain of Western Australia, a spectacular discovery has stunned the world. Geologists have uncovered the largest iron ore deposit ever recorded, a whopping 55 billion metric tons. This discovery is not only a milestone in mining, but also a turning point in our understanding of Earth’s geological history.
The magnitude of the world's largest iron ore deposit
The Hamersley Range, located in the Pilbara Craton, was already known for its mineral wealth, but this new discovery exceeds all expectations. The economic value of the deposit is estimated to exceed an incredible US$5,775 trillion, redefining the region's strategic importance in the global iron market.
The impressive iron content in the deposit, with over 60% purity, places it in a unique category. To give you an idea, this concentration not only ensures greater mining efficiency, but also minimizes beneficiation costs, making the ore highly competitive on the international scene.
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Rewriting the geological timeline
Using advanced isotope dating studies, scientists have determined that the formation of this iron ore deposit dates back 1,4 billion years, an 800 million-year revision to previous theories. This new timeline suggests that ancient tectonic and climatic events played a crucial role in the formation of this immense mineral reserve.
These discoveries not only rewrite the history books, but also challenge existing theories about mineral formation processes. It’s like opening an ancient mystery book and discovering a new chapter that no one knew existed.
The Science Behind the Hamersley Deposit
Did you know that the original ore was only 30% iron? Thanks to chemical weathering and tectonic activity, this concentration has been increased to an astonishing 60%. This transformation is a testament to how the interaction between surface processes and deep geological phenomena can create natural riches of epic proportions.
Associate Professor Martin Danisík highlights that this discovery offers unprecedented clarity on processes geological formations that gave rise to one of the largest mineral formations on the planet.
Global economic implications
The discovery is also a game-changer for the global economy. Australia is already a leading exporter of iron ore, and this discovery further cements its dominant position. It will not only boost the local economy, but will also shape the dynamics of international markets, influencing prices and supply chains.
Imagine the impact of this discovery on construction, steel production and other basic industries. This deposit is like finding a “treasure chest” capable of sustaining entire sectors for decades.
A new paradigm for geology
This discovery is a paradigm-shifting discovery. For decades, it was believed that iron deposits of this size were confined to certain periods and locations. Now, we know that the history of mineral formation is much more complex and interconnected with tectonic movements and the fragmentation of supercontinents.
Cutting-edge technologies used in exploration, such as isotopic analysis and detailed mapping, have opened new doors to future discoveries in places previously considered unviable.
The discovery of the world’s largest iron ore deposit in the Hamersley Range is an invitation to revisit and question what we know about the Earth. With economic, scientific and historical implications, this find promises to shape the future of mining and geological research.
Who knows what other secrets the Earth still holds? What is certain is that, with increasingly advanced tools, we are just beginning to unlock the vast treasure hidden beneath our feet.
It could be here in Brazil
It wouldn't solve anything, it would soon be sold to China, the USA, Australia, etc...
Stop being a catfish head, do you prefer to sell or buy? LOL
It depends on Fabiano, selling the raw material and buying the manufactured product, in my opinion, is stupid. Extract, manufacture with national labor and sell the product. And not the byproduct.
And if it were in Minas Gerais, Zeima/Queima would already be filling their lungs and desecrating – “FROM BRAZIL TO THE WORLD” only the raw material – and there would be many clueless people applauding! That is not what is happening with LITHIUM – a mineral that is a raw material for manufacturing batteries, especially for electric cars – the Jequitinhonha Valley, which is considered one of the regions with the highest poverty rate, is removing all the raw material to feed industries in other countries – the result of this: Brazilian workers are left with only manual labor, which does not add qualification to our workforce and as a consequence, we will continue to have workers with the worst jobs, the worst income and when the mineral runs out, the Jequitinhonha Valley will be worse than it is today.
🤣🤣🤣🤣🤣🤣 catfish head 🤣🤣🤣🤣🤣
I completely agree with you Gilberto, can you get an idea of how much gold Brazil has already produced and what the size of our reserves is???? A measly 129 tons. That's in 2022 today I don't even know if there are any reserves.
“Produced” and not produce,
Bolsonaro is not president
Thank heavens 😇
What a relief!
**** **** **** GO TO ****
Exactly. Oh my... this is not going to work, Hardy! This Fabio must be a **** who thinks Brazil is trash. Jesus! Filthy people!
This is a real blow to Vale's plans, as Australia will be the main supplier of iron to China, the world's largest buyer, which, by the way, has put a brake on consumption of iron ore, affecting exports and reducing the ton of ore by half.
Besides, Australia is next to (below) China.
I completely agree with you Gilberto, Brazil, through its main supplier of minerals to China, will be greatly harmed.
Vale screwed up.😬
If it were in Brazil, Lula would steal.
You got it right again Gilberto. LOL
True lol
How much ****!!!
But here it is also available, although in smaller quantities, but it is in the Amazon.
If you think about it, thank goodness it isn't, if it were the PT they would steal half and sell the other half.
The right has already stolen 500 years, but the PT is to blame, it's a jokester.
When did the right exist before Bolsonaro?
He said a little more, bye, shit, the right never existed before Bolsonaro and now with the new form of stealing created by the PT that taxes everything from sunlight to ****, not even the Portuguese looted the country as much as this new government of love and there are still **** who defend it.
Here in Brazil we already have niobium, but as it is a corrupt country, all the profits from niobium go to politicians.
It had already been sold the niobium reserve to China... when Bolsonaro spoke about niobium at the time, no one paid any attention... the misgovernment of love was waiting to return to power to sell to China so they could take the laurels of the victory of the sale and once again deceive the uninformed that it was a great deal for the Brazilian economy.
Fake News
If it were here in Brazil, luIIamor would already be negotiating the sale in secret with Chinchim as he did recently without consulting civil society as if everything here belonged to him and no one else.
Seriously!
You are always bringing misinformation, announcing ancient “discoveries” as if they were recent.
In order to disqualify them as “journalists”, they omitted the already known information that these were low-quality minerals, making their processing on an industrial scale unfeasible.
For your information and also out of respect for the victims of your misinformation, I inform you that the best ore in the world is from Minas Gerais, and the largest quality ore deposit in the world is in Carajás.
Just a correction, the best ore in the world is from the Carajás mines. It is even used to blend the ore from Minas Gerais, which has a lower iron content. This makes the trade of Minas Gerais ore viable.
but it wasn't said about better or worse, it just mentioned the discovery, Sherlock Holmes
WTF, instead of at least thanking the guy for the INFORMATION, you come and criticize him? Sick people.
So, if this information is correct, this publication is a disgrace, **** and irresponsible.
Fantastic and balanced comment. Thanks Tadeu.
I understand your comment, but when you mention that it is misinformation, saying that it is old information, you should provide the links to it. The way it is, it is your opinion contrary to the news without any basis.