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Economic importance: Iron has absolute advantage, when compared with other metals. It is abundantly found and relatively cheap with special qualities.

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International Journal of Economic Development Research and Investment, Vol. 2, No. 2 ; August, 2011 48 ECONOMIC AND TECHNOLOGICAL IMPORTANCE OF CATALYSTS IN NIGERIA

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What is economic importance of iron? - Yahoo

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The mining of minerals in Nigeria accounts for only 0.3% of its GDP, due to the influence of its vast oil resources. The domestic mining industry is underdeveloped ...

Coal, Lignite and Coke · Gold · Columbite and Tantalite · Bitumen · Iron Ore