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Canada · asset class
Iron Ore Mines in Canada
Canada has 11 iron ore mines mapped on the OverWatts open energy atlas — the 13th-largest fleet of the 70 countries that hold any, and 1% of the world's mapped total. Of these, 6 operating and 5 under construction or proposed. The largest is ArcelorMittal Mont Wright Mine.
The largest owner-operators are ArcelorMittal SA (3), ArcelorMittal Mining Canada GP (2) and Champion Iron Limited (2) — ArcelorMittal SA alone is named on 27% of them. Half of Canada's iron ore mines in service predate 1976 (median commissioning year of the 5 with a known date), 1 came online in the past decade and the oldest still listed is Tacora Resources Scully Mine, dating from 1965. 5 are in the pipeline, led by Champion Iron Kamistiatusset Mine, proposed.
On the interactive map
Largest iron ore mines in Canada
Who owns Canada's iron ore mines
- ArcelorMittal SA3 27%
- ArcelorMittal Mining Canada GP2 18%
- Champion Iron Limited2 18%
- China Steel Corp2 18%
- POSCO Holdings Inc2 18%
- Baffinland Iron Mines Corporation1 9%
- Cyclone Metals1 9%
- EMG Fund II Management LP1 9%
Counts an asset once per company named as its owner or operator; a joint venture counts for each partner.
When they were built
- 1960s1
- 1970s2
- 2010s2
Median commissioning year 1976 · oldest Tacora Resources Scully Mine (1965) · newest Quebec Iron Bloom Lake Mine (2018) · 5 of 11 carry a start date
Under construction & proposed
- Champion Iron Kamistiatusset Mineproposed
- Cyclone Metals Iron Bear Mineproposed
- Howse Minerals Howse Mineproposed
- Joyce Direct Joyce Lake Mineproposed
- Schefferville Kivivic Mineproposed
How Canada compares · iron ore mines by country
- 1. India248
- 10. Turkey15
- 11. South Africa14
- 12. Iran12
- 13. Canada11
- 14. Mexico11
- 15. United States10
- 16. Sweden8
Frequently asked
- How many iron ore mines are there in Canada?
- OverWatts maps 11 iron ore mines in Canada — 1% of the world's mapped total, the 13th-largest national fleet of the 70 countries with any.
- What is the largest iron ore mine in Canada?
- ArcelorMittal Mont Wright Mine, operated by ArcelorMittal SA, China Steel Corp, POSCO Holdings Inc.
- Who owns the iron ore mines in Canada?
- ArcelorMittal SA is named as owner or operator on the most — 3 of 11 (27%). Next are ArcelorMittal Mining Canada GP (2), Champion Iron Limited (2) and China Steel Corp (2).
- How old are Canada's iron ore mines?
- The median commissioning year is 1976, across the 5 in service with a known start date. The oldest still listed is Tacora Resources Scully Mine (1965); 1 came online in the past ten years.
- What new iron ore mines are being built in Canada?
- 5 projects are under construction or proposed. The largest are Champion Iron Kamistiatusset Mine, Cyclone Metals Iron Bear Mine and Howse Minerals Howse Mine.