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http://www.polinares.eu/docs/d2-1/polinares_wp2_annex2_factsheet7_v1_10.pdf


"Iron ore differs significantly in iron content. This variation affects the size of production and reserves in terms of actual iron content and also the value of the iron ore. The average Fe content of Chinese iron ore is about 30-40% Fe. The average Fe content of Brazilian and Australian iron ore is >60% Fe."


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