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Iron Ore

Commodity · USD/t
95.17

Iron Ore isn't traded like most commodities. Please read the FAQs below.

Market Index tracks the industry standard NYMEX traded 62% Fe, CFR China in $US/metric tonne.

Iron Ore Chart

About the Price

Iron Ore (Fe) is mined in around 50 countries worldwide and used to make steel (buildings, cars, white goods etc.).

Global economic growth is the primary factor that drives its supply and demand. When economies are growing, the need for steel in construction increases which drives the price up.

Growth in China (the world's largest consumer of metals) has affected the price of iron ore so much recently that the spot price can almost be considered a proxy for China's economic health.

Excel IconDownload the 40yr price history.

Performance USD/t Amount Change
1 Week +0.72 +0.76%
1 Month -3.71 -3.75%
YTD -11.96 -11.16%
1 Year -6.42 -6.32%

ASX Iron Ore Companies

Closed - 08/2026
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Company Price Chg % Chg High Low Volume Mkt Cap 1 Year
ACP
Audalia Resources Ltd
$0.025 -0.003 -10.71% $0.026 $0.025 29,988 $21.55M 0.00%
ACS
Accent Resources NL
$0.525 0.00 0.00% $0.00 $0.00 - $257.01M +8650.00%
AHN
Athena Resources Ltd
$0.061 -0.007 -10.29% $0.066 $0.061 16,187 $9.58M -49.17%
AKO
Akora Resources Ltd
$0.082 +0.002 +2.50% $0.082 $0.079 759 $17.83M -17.07%
AMN
Agrimin Ltd
$0.053 0.00 0.00% $0.053 $0.053 5,365 $20.67M -45.92%
ASN
Anson Resources Ltd
$0.045 -0.001 -2.17% $0.045 $0.044 487,531 $72.88M -57.14%
BHP
BHP Group Ltd
$62.20 +0.85 +1.39% $62.23 $61.44 6,307,863 $316.06B +48.24%
BIS
Bisalloy Steel Group Ltd
$4.84 -0.09 -1.83% $5.11 $4.73 82,904 $232.52M +4.76%
BSL
Bluescope Steel Ltd
$32.94 -0.75 -2.23% $34.50 $32.56 2,396,159 $14.43B +35.89%
BUR
Burley Minerals Ltd
$0.025 0.00 0.00% $0.00 $0.00 - $5.71M -28.57%
CAZ
Cazaly Resources Ltd
$0.018 -0.002 -10.00% $0.02 $0.017 157,572 $10.6M -21.74%
CIA
Champion Iron Ltd
$3.45 +0.02 +0.58% $3.48 $3.40 1,739,966 $1.93B -20.87%
CLE
Cyclone Metals Ltd
$0.049 0.00 0.00% $0.00 $0.00 - $54.19M -7.55%
CR3
Core Energy Minerals Ltd
$0.007 0.00 0.00% $0.007 $0.007 54,871 $4.99M -46.15%
CTM
Centaurus Metals Ltd
$0.49 +0.025 +5.38% $0.50 $0.46 1,836,814 $277.65M +30.67%
CTN
Catalina Resources Ltd
$0.051 0.00 0.00% $0.054 $0.051 30,635 $12.56M -44.57%
CUF
Cufe Ltd
$0.052 -0.002 -3.70% $0.055 $0.052 2,024,225 $107.83M +333.33%
CUL
Cullen Resources Ltd
$0.006 0.00 0.00% $0.006 $0.005 619,690 $4.16M 0.00%
CZR
CZR Resources Ltd
$0.215 +0.005 +2.38% $0.215 $0.21 147,244 $52.13M -8.51%
DME
Dome Gold Mines Ltd
$0.053 0.00 0.00% $0.053 $0.053 90,000 $22.25M -66.88%
EFE
Eastern Resources Ltd
$0.031 0.00 0.00% $0.00 $0.00 - $4.02M -8.82%
ENT
Enterprise Metals Ltd
$0.004 0.00 0.00% $0.004 $0.004 434,789 $6.67M +33.33%
EQN
Equinox Resources Ltd
$0.08 0.00 0.00% $0.00 $0.00 - $12.45M -46.67%
EQX
Equatorial Resources Ltd
$0.165 +0.01 +6.45% $0.175 $0.155 335,926 $21.69M -10.81%
FEX
FENIX Resources Ltd
$0.265 0.00 0.00% $0.27 $0.265 316,028 $204.23M -19.70%
FMG
Fortescue Ltd
$17.75 +0.11 +0.62% $17.90 $17.60 4,284,701 $54.65B -10.53%
GEN
Genmin Ltd
$0.009 +0.001 +6.25% $0.009 $0.008 24,500 $29.41M -63.04%
GES
Genesis Resources Ltd
$0.005 0.00 0.00% $0.00 $0.00 - $3.91M -16.67%
GRR
Grange Resources Ltd
$0.135 0.00 0.00% $0.14 $0.135 663,030 $156.24M -37.21%
GWR
GWR Group Ltd
$0.135 -0.005 -3.57% $0.145 $0.135 1,210,301 $43.94M +17.39%
HAW
Hawthorn Resources Ltd
$0.078 0.00 0.00% $0.00 $0.00 - $26.13M +47.17%
HIO
Hawsons Iron Ltd
$0.011 +0.001 +4.76% $0.011 $0.01 713,692 $13.93M -38.89%
HLX
HELIX Resources Ltd
$0.03 +0.004 +15.39% $0.03 $0.03 100 $5.77M -42.86%
IRD
Iron Road Ltd
$0.015 +0.003 +25.00% $0.015 $0.014 214,873 $12.6M -50.00%
JLL
Jindalee Lithium Ltd
$0.34 0.00 0.00% $0.355 $0.33 178,655 $42.92M -24.18%
JMS
Jupiter Mines Ltd
$0.265 -0.005 -1.85% $0.27 $0.265 163,306 $520.95M +15.22%
JNO
Juno Minerals Ltd
$0.026 0.00 0.00% $0.026 $0.026 8,000 $5.44M +8.33%
KOV
Korvest Ltd
$17.06 -0.60 -3.40% $18.13 $17.06 9,209 $202.55M +32.25%
LCY
Legacy Iron Ore Ltd
$0.004 -0.001 -20.00% $0.005 $0.004 250,350 $39.05M -52.94%
LML
Lincoln Minerals Ltd
$0.009 +0.001 +6.25% $0.009 $0.008 3,032,230 $24.68M +21.43%
M4M
Macro Metals Ltd
$0.006 +0.001 +20.00% $0.006 $0.005 15,193,310 $27.45M -14.29%
MDX
Mindax Ltd
$0.045 +0.009 +25.00% $0.049 $0.04 3,536,379 $106.34M -22.41%
MGT
Magnetite Mines Ltd
$0.019 +0.002 +11.77% $0.019 $0.019 634,559 $4.35M -73.02%
MGX
MGX Resources Ltd
$0.345 +0.005 +1.47% $0.345 $0.34 111,288 $407.25M -12.66%
MIN
Mineral Resources Ltd
$67.20 +1.21 +1.83% $68.15 $65.35 703,680 $13.34B +83.41%
MM1
Midas Minerals Ltd
$1.17 +0.065 +5.91% $1.18 $1.11 1,937,776 $285.72M +253.03%
NXM
Nexus Minerals Ltd
$0.044 -0.001 -2.22% $0.045 $0.044 371,481 $26.57M -26.67%
PFE
Pantera Minerals Ltd
$0.017 +0.001 +6.25% $0.017 $0.017 304,619 $8.38M -5.56%
PLG
Pearl Gull Iron Ltd
$0.031 0.00 0.00% $0.00 $0.00 - $6.34M +158.33%
PTN
Patronus Resources Ltd
$0.052 0.00 0.00% $0.052 $0.051 419,753 $76.92M -14.75%
RHI
Red Hill Minerals Ltd
$4.62 -0.02 -0.43% $4.62 $4.57 11,993 $296.74M +36.69%
RHK
Red Hawk Mining Ltd
$1.20 0.00 0.00% $0.00 $0.00 - $253.99M +88.73%
RLC
Reedy Lagoon Corporation Ltd
$0.002 0.00 0.00% $0.002 $0.002 229,327 $1.55M 0.00%
SHN
Sunshine Metals Ltd
$0.04 +0.004 +11.11% $0.041 $0.037 11,318,882 $143.84M +263.64%
SRK
Strike Resources Ltd
$0.026 +0.004 +18.18% $0.026 $0.022 227,191 $7.38M -10.35%
SRN
Surefire Resources NL
$0.023 0.00 0.00% $0.024 $0.023 629,711 $4.17M -38.67%
TI1
Tombador Iron Ltd
$0.00 0.00 0.00% $0.00 $0.00 - $0 0.00%
TVN
Tivan Ltd
$0.24 -0.015 -5.88% $0.255 $0.23 5,409,149 $558.23M +128.57%
VMC
Venus Metals Corporation Ltd
$0.28 0.00 0.00% $0.29 $0.28 1,835,609 $57.76M +241.36%

Australia is the world's largest iron ore exporter (and 2nd largest producer) accounting for around a third of global production.

Western Australia holds just over 90% of Australia's identified iron ore resources and has a reputation for producing consistently high concentrations of around 60%. Rio Tinto (RIO), BHP Billiton (BHP) and Fortescue Metals Group (FMG) account for ~90% of Australia's iron ore production (2014).

View an image of Australia's 2016 iron ore deposits and operating mines.

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FAQs

Historical Chart

The iron ore spot price became a mature benchmark in 2008 when Platts started publishing daily assessments. The Steel Index and Metal Bulletin followed suit shortly afterwards. The industry standard specification is 62% Fe (CFR China).

Resources

Excel Icon

Commodities Workbook

(Spreadsheet)

Download a spreadsheet of 62% FE spot (CFR Tianjin port) since 1980.

Map Icon

Australian Iron Ore Resources

(High-Definition Map)

A large 2MB image of Australia's iron ore deposits.

Map Icon

Australian Mineral Resources

(High-Definition Maps)

A list of Australia's major minerals with statistics and maps outlining all known deposits and operating mines.