Apr 25, 2017· Carajas is the world's biggest iron ore mine owned by Vale the Brazil's industry giant. India. In the past, India has been a world leader, but now the fourth largest producer. 95% of the country's iron ore come from Orissa, Chhattisgarh, Jharkhand, Madhya Pradesh, Goa, and Karnataka. The biggest deposits in the country are in Orissa state.