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Iron Ore Mining in the US to 2020

Iron Ore Mining in the US to 2020

Synopsis


Timetric's 'Iron Ore Mining in the US to 2020' report comprehensively covers the US reserves of iron ore, reserves by region, the historic and forecast data on iron ore production, historic and forecast iron ore production by form, iron ore prices, historic and forecast iron ore consumption and ores and concentrates exports and exports by country.

The report also includes factors affecting demand for iron ore, profiles of major iron ore producing companies and information on the active, exploration and development iron ore projects.

The Fiscal Regime section provides information about the country’s regulatory authority, laws, licenses and other fiscal regime information such as taxes, rates and other charges applicable to the mining of the commodity in the country.

It is an essential tool for companies active in US mining, and for new competitors considering entering the industry.

Summary

The US had the sixth-largest global reserves of iron ore, at 6.9 billion tonnes (Bnt) at the end of 2014, accounting for 3.7% of the global total. These iron ore reserves are mostly concentrated in the Mesabi Iron Ore Range in Minnesota, the Marquette iron range in Michigan and in Arizona and Texas. In 2014, the total value of mine production in the US was estimated at US$31.5 billion, of which iron ore accounted for 16%.

Scope

The report contains an overview of the US iron ore mining industry together with the key factors affecting the industry and demand for the commodity.

It also provides information about reserves, historic and forecast data on iron ore production, iron ore consumption, ores and concentrates exports, the competitive landscape and active, exploration and development iron ore projects.

    Reasons To Buy

    Gain an understanding of the iron ore mining industry in the US, its reserves, historic and forecast data on iron ore production, historic and forecast domestic iron ore consumption, iron ores and concentrates exports, demand drivers, active, exploration and development iron ore projects, the competitive landscape and the country's fiscal regime.
      Key Highlights
      • The country was the eighth-largest iron ore producer in the world in 2014, producing 57.5Mt in 2014, up by 8.5% over 2013.
      • The majority of it originated from Minnesota and Michigan, which collectively produced 93% of the total output.
      • Challenging domestic business conditions characterized by muted steel production and capacity utilization together with high tonnage of cheaper foreign steel, especially Chinese, dumped onshore have had a negative impact on domestic steel mills.


      • Executive Summary
      • Iron Ore Mining in the US - Reserves, Production, Consumption and Trade
        • Reserves by Geographic Location
          • Iron ore deposits in the Mesabi Range
          • Iron ore deposits in Marquette Iron Range
          • Iron ore deposits in Texas
          • Iron ore deposits in Arizona
        • Historic and Forecast Production
          • Table Iron Ore Mining in the US - Historic and Forecast Iron Ore Production (Million Tonnes) vs. Global Iron Ore Price (US$/dmtu), 2000-2020
          • Production by form - fines and lumps
            • Table Iron Ore Mining in the US - Historic and Forecast Production by Form - Fines and Lumps (Million Tonnes), 2000-2020
        • Active Mines
          • Table Iron Ore Mining in the US - Active Mines, 2015
        • Exploration and Development Projects
          • Table Iron Ore Mining in the US - Exploration Projects, 2015
          • Table Iron Ore Mining in the US - Development Projects, 2015
        • Iron Ore Consumption and Trade
          • Domestic iron ore consumption vs. steel production and ores and concentrates exports
            • Table Iron Ore Mining in the US - Historic and Forecast Iron Ore Consumption vs. Steel Production and Ores and Concentrates Exports (Million Tonnes), 2001-2020
          • Exports by country
            • Table Iron Ore Mining in the US - Exports by Country (Million Tonnes), 2014
        • Demand Drivers
          • The US construction industry
            • Table Iron Ore Mining in the US - The US Construction Output by Project Type (US$ Million), 2010-2019
          • Demand from the automobile industry
      • Major Iron Ore Producers in the US
        • Cliffs Natural Resources Inc
          • Table Iron Ore Mining in the US - Cliffs Natural Resources Inc Projects, 2015
        • United States Steel Corporation
          • Table Iron Ore Mining in the US - United States Steel Corporation Projects, 2015
        • ArcelorMittal USA LLC
          • Table Iron Ore Mining in the US - ArcelorMittal USA LLC Projects, 2015
      • Fiscal Regime
        • Federal
          • US Department of Interior
          • Mine Safety and Health Administration
          • Federal Mine Safety and Health Review Commission
        • State
          • Office of Oil, Gas, and Minerals (OOGM)
          • Minnesota - Department of Natural Resources
        • The US Mining Industry - Governing Laws
          • Federal Laws
          • State Laws
        • The US Mining Industry - Mining Ownership, Licenses
          • State Permits
          • Location certificate
          • Operating permit
          • Mining permit
        • The US Mining Industry - Rights and Obligations
          • Rights
          • Obligations
        • The US Mining Industry - Key Fiscal Terms
          • Bonus
          • Rentals
          • Occupation tax
            • Table The Mining Industry in the US - Minnesota Occupation Tax Rates (%), 2015
          • Mining claim fees
            • Table The Mining Industry in the US - Mining Claim Fees (US$), 2015
          • State mineral resources severance tax and fees
          • There is no severance tax in the state.
          • Corporate taxes
            • Table The Mining Industry in the US - State Federal Income Tax Rates (%), 2015
            • Table The Mining Industry in the US - State Corporate Income Tax Rates (%), 2015
            • Table The Mining Industry in the US - Arkansas State Corporate Income Tax Rates (%), 2015
            • Table The Mining Industry in the US - Kentucky State Corporate Income Tax Rates (%), 2015
            • Table The Mining Industry in the US - Louisiana State Corporate Income Tax Rates (%), 2015
            • Table The Mining Industry in the US - Mississippi State Corporate Income Tax Rates (%), 2015
            • Table The Mining Industry in the US - New Mexico State Corporate Income Tax Rates (%), 2015
            • Table The Mining Industry in the US - North Dakota State Corporate Income Tax Rates (%), 2015
          • Alternative minimum tax
          • Capital gains tax
          • Deductions and allowances
          • Depreciation
          • Branch profit tax
          • Withholding tax
          • Loss carry forward
          • Value added tax (VAT)
      • Appendix
        • Abbreviations
        • Bibliography
        • Secondary Research
        • Primary Research
        • Contact Timetric
        • About Timetric
        • Timetric's Services
        • Disclaimer

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