________HAD A LARGE DEPOSITS OF IRON-ORE
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Australia and Brazil are among the world's largest iron ore producers and hold a large portion of the world's iron ore reserves.
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Australia and Brazil are among the world's largest iron ore producers and hold a large portion of the world's iron ore reserves. Australia makes up half of the world's iron ore exports. Brazil exported around 23 percent of the world's total iron exports. ... Brazil produced 400 million metric tons of iron ore in 2020.
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