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is iron ore valuable

is iron ore valuable

Oct 23, 2020· Why is Iron Ore Valuable? Iron ore is a rock from which the metal iron is extracted. About 98% of the world’s iron is used to produce steel. Pure iron is an element and a soft grayish-white metal. Other than meteorites that fall from the sky, iron isnever foundby itself in nature. Most iron is part of minerals that contain other elements.

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