World’s largest iron ore mine discovered, $6 trillion find could make Australia unstoppable
A new iron ore deposit has been discovered in Australia's Hamersley region. The reserve is estimated at 55 billion metric tons. Its market value is approximately $6 trillion. The ore has over 60% iron concentration. This discovery will boost Australia's position in the global iron ore market. It will also bring major investments. New infrastructure development is expected in the region.