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Iron Deposit

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world6 months ago•3 min saved

Geologists Discover $6 Trillion Iron Deposit, Impacting Global Economy

Geologists have discovered the world's largest iron deposit in Australia's Pilbara region, valued at $6 trillion, which could significantly influence global markets, trade relations, and scientific understanding of Earth's geology, while also prompting advancements in sustainable mining practices.

via Farmingdale Observer|

#australia #economic-impact #geological-discovery

world7 months ago•3 min saved

Geologists Discover $6 Trillion Iron Deposit to Transform Global Economy

Geologists in Western Australia have discovered the world's largest iron ore deposit, containing about 55 billion metric tons of high-quality ore valued at $6 trillion, which could significantly impact global iron markets and deepen understanding of Earth's geological history.

via The Daily Galaxy|

#australia #earths-history #geological-discovery