The reserves of Banded iron formation and Turbidite are geographically distributed all over the world. Banded iron formation and Turbidite reserves play an important role in a country’s economic growth. Rocks are deposited according to the topography of the area. Some oldest rocks can be found in the Canadian Shield, Australia, Africa and in a few other old regions around the world. The ages of these felsic rocks are around 2.5 and 3.8 billion years. Learn about the countries with Banded iron formation and Turbidite reserves here.