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today, the company produces 60% of iron ore using natural moisture processing. By 2024, from the production using wet processing 16% will have filtered and dry-stacked tailings, with only 14% continuing to use the conventional method with wet concentration and tailings disposal in dams or deactivated extraction sites.iron ore mining in australia industry statistics. attachmoney market size: $n. business number of businesses: 1,085. poll average industry profit margin: x.x%. lock. purchase this report or a membership to unlock the average company profit margin for this their concentration in economic proportions is referred to as iron ore. other well known uses of iron compounds are: iron sulfate used as fungicide, the oxalate of iron in photographic development, limonite, goethite, hematite as pigments and abrasives, magnetite in the production of industrial electrodes and also for washing coalIn 2019, kiruna produced 14.t of iron ore products. the production in 2018 and 2017 was and 14.t, respectively. the mine produced 50, of ore feed material a day in june 2020. mining at the site was briefly halted in 2019 after an earthquake of magnitude 4.1, the countrys biggest-ever, occurred in may that year.