China accounted for a record 57 percent of the 2021 global revenue of London-based Anglo Australian metals and mining giant Rio Tinto Group Plc, the world's biggest iron ore miner.

Sweden gives qualified go-ahead for northern Kallak iron-ore mine

China's iron ore portside discount to seaborne prices shrinks in March as import demand dips

Meanwhile, the two countries account for 4% of seaborne supplies.

Guinea’s ruling junta has ordered a full halt of Rio Tinto’s (ASX, LON, NYSE: RIO) vast Simandou iron ore project in the country’s southeast.

A mining company controlled by billionaire Robert Friedland is counting on getting access to a Liberian railway in order to develop its Nimba project in neighboring Guinea.

China plans sharp increase in overseas iron-ore output by 2025

"Iron ore prices could be pressured this year on lower output of China's crude steel and rising supply of overseas mines," said Zhu.