mineral · input

Iron (Fe) and Ferroboron (FeB)

Iron (~65 wt%) and boron (~1 wt%) form the NdFeB matrix; globally available commodity; ferroboron from Eti Maden (Turkey monopoly) and Chinese producers

7

Source countries

5

Companies

1

Goods affected

0

Claims on record

What depends on it

Goods that need this input

1 essential American goods rely on iron (fe) and ferroboron (feb) somewhere upstream in their supply chain.

Where it comes from

Source countries

Share of global supply, by country.

Who makes it

Supplier companies

5 companies produce iron (fe) and ferroboron (feb).

Eti Maden

HQ TR47% share

Turkish state-owned enterprise (est. 1935) — the world's largest boron producer and exporter. Controls approximately 70% of global boron mineral reserves. Supplies boron compounds (including B₂O₃ feedstock) to pharmaceutical glass manufacturers globally. EU quality standards certified.

Rio Tinto Boron (formerly US Borax)

HQ US23% share

American borate mining operation (Boron, Kern County, California; Rio Tinto subsidiary since 1968 acquisition of US Borax, itself founded 1872); the world's largest open-pit borax mine, located in the Mojave Desert of California. The Boron mine — locally known as the '20 Mule Team Borax' mine after the historical method of transporting borax from the Mojave — has been continuously operating since 1872, making it one of the oldest mining operations in California. Rio Tinto Boron is the second-largest global boron producer after Turkey's Eti Maden, producing refined boric acid, anhydrous borax, and B2O3 from deposits that underlie the California desert. The town of Boron, California (population ~2,500) exists primarily as the community built to house the mine's workforce. US Borax was the company behind the Borax household cleaning brand ('20 Mule Team Borax' cleaner) — the same California desert mining company whose product whitened Victorian-era laundry also supplies the boron that makes pharmaceutical vials thermally stable.

Gintek Alaşım (Ferroboron)

HQ TR8% share

Turkish ferroboron production plant — iron-boron master alloy for steel hardening and NdFeB magnet feedstock.

BHP Group(BHP)

HQ AU

BHP Group (ASX/LSE/NYSE: BHP; HQ Melbourne; ~$55B revenue) is the world's largest mining company by market capitalization and a critical node in global process water infrastructure. BHP's Escondida copper mine (Atacama Desert, Chile) — the world's single largest copper mine, producing ~5% of global copper supply — required a $3.4 billion seawater desalination plant (Escondida Water Supply desalination facility, Punta Patache, Antofagasta coast) to pump desalinated seawater ~170 km and 3,500 meters in elevation to the mine. Escondida now recycles ~75% of process water and is transitioning to seawater-only operations. BHP's Olympic Dam mine (South Australia) is the world's largest known uranium deposit and requires water from the Great Artesian Basin (world's largest confined groundwater aquifer) — a different but equally critical water dependency. BHP operates across two of the world's most consequential water-constrained mining regions.

Vale S.A.(VALE)

HQ BR

Vale S.A. (B3: VALE3; NYSE: VALE; HQ Rio de Janeiro; ~$42B revenue 2023) is Brazil's largest mining company and a major global nickel producer (~7% global nickel supply). Vale operates the Clydach Nickel Refinery in Wales, UK — one of the few Western Class 1 nickel refineries capable of producing battery-grade nickel sulfate — and holds a majority stake in Vale Base Metals Ltd (formerly PT Vale Indonesia / PTVI), which operates nickel operations in Sorowako, South Sulawesi, Indonesia, including a growing HPAL project (Pomalaa, Southeast Sulawesi, with Huayou and Ford Motor as JV partners). Vale's nickel business spans Canadian sulfide mining (Sudbury, Ontario; Thompson, Manitoba; Voisey's Bay, Labrador) and Indonesian laterite operations. Vale's Clydach refinery is one of the last large-scale European Class 1 nickel refining assets; its continued operation is strategically important for Western EV battery supply chain ambitions.