Correct Option: A

India has one of the largest iron ore reserves in the world. According to the available information, India’s iron ore reserves is around 22,000 million tonnes which will be sufficient for the next 150 years at the current rate of production of iron ore in the country. India is one of the world’s biggest exporters of iron ore, with much of its product bought by China, which has the world’s largest steel industry. Japan has also been a traditional importer of Indian iron ore. Recently, India’s exports of iron ore to Japan have been shrinking.