74% of This Year’s Iron Ore Growth Came from Outside the Big Four Miners

AI Summary

Sixteen major mining companies added about 23 million tonnes of iron ore production during the first nine months of 2026, while the four largest miners contributed only 0.6 million tonnes. Onslow, Simandou and India’s NMDC accounted for much of the growth, reshaping the supply picture.

Sixteen major miners added about 23 Mt in the first nine months of 2026. The Big Four managed just 0.6 Mt between them. Onslow, Simandou and India’s NMDC did the heavy lifting. The 2026 iron ore supply narrative still looks comfortable on the surface. The numbers tell a different story.Sixteen major mining entities produced about ...