Price Ranges for Iron Extraction

The cost of iron extraction can vary depending on factors such as the type of iron ore being extracted, the extraction method used, labor costs, energy costs, and environmental regulations. Generally, the cost of extracting iron ore is influenced by market demand and supply, transportation costs, infrastructure availability, and geopolitical factors.

As of late 2021, the global average cost for iron ore production is estimated to be around $60-$90 per ton. However, the cost can be significantly higher or lower for specific mining operations based on various factors.

It’s important to note that these figures are subject to change over time due to fluctuations in commodity prices, technological advancements, and other external factors affecting the mining industry.