As of 2013, there were 98 iron ore mines in Malaysia, scattered throughout Pahang, Johor, Perak, and Terengganu.
Malaysia has a known iron ore reserve estimated at RM17 billion (as of 2013). Its highest quality iron ore is in Bukit Besi, a small town in Terengganu, which is believed to hold 50 million tonnes of reserves at 70% iron content on 2,400 hectares of land. Low grade deposits are found in Pahang, Johor, Perak, Kelantan, Kedah, and Melaka.
In 2012, iron ore production topped all other major minerals in Malaysia, with 10.7 million tonnes mined, valued at RM2.02 billion.