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Geologists Uncover Earth's Largest Iron Ore Deposit Ever Recorded, Worth $5.7 Trillion

Summary by The Daily Galaxy
In a region long known for its mineral wealth, a recent geological study is prompting researchers to revisit some of the most fundamental assumptions about Earth’s deep history. Beneath the red terrain of northwestern Australia, new evidence has surfaced that challenges prevailing models of ancient ore formation. The findings concern a specific type of mineral deposit that has shaped economies, industrialisation, and the structure of global trad…
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The Daily Galaxy broke the news in on Friday, January 2, 2026.
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