2021-8-16 · As the world economy recovers, record iron ore prices have driven a surge in export earnings. 2020–21 export earnings are estimated at $230 billion, up almost 7% on the record set in 2019–20. Australia is the world''s largest producer of lithium and a global top five producer of gold, iron ore, lead, zinc, and nickel.Razorback Iron Project - Magnetite Mines2021-7-5 · The Australian iron ore industry was also born in South Australia. Iron ore has been shipped from the Middleback Ranges near Whyalla since 1903, and steel since 1941. Today, South Australia is a better position than ever to work with potential domestic and/or global partners requiring iron ore and/or its derivatives.