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Aug 16, 2019· Why is Iron Ore Valuable? Iron ore is a rock from which the metal iron is extracted About 98% of the world’s iron is used to produce steel Pure iron is an element and a soft grayishwhite metal Other than meteorites that fall from the sky, ironIron processing Iron processing Ores: Iron ores occur in igneous, metamorphic (transformed), or sedimentary rocks in a variety of geologic environments Most are sedimentary, but many have been changed by weathering, and so their precise origin is difficult to determine The most widely distributed ironbearing minerals are oxides, and ironIron processing Ores | Britannica

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