Bog iron is a type of iron ore composed of mostly mineral goethite and other iron-bearing minerals with impurities like clay or plant debris.
It used to be a very important ore of iron before better alternatives like banded iron formations were discovered. It has no industrial significance anymore but not because its iron content is low. Bog iron may in many cases be quite rich in iron. The main problem is that it forms only a thin layer of rust-colored and porous layer at the bottom of bogs. It simply is not economical to search for such thin and laterally widespread deposits.
Bog iron is associated with bogs because bog water contains very little oxygen and can therefore hold iron. Oxygen would quickly react with iron and precipitate it as a rusty ferric iron (with an oxidation number of +3) which is insoluble in water. Iron with an oxidation number of +2 (ferrous iron) is soluble and can be held in solution by bogs. Bog iron forms if something provides oxygen. It can be oxygenated ground water, for example1.
This mineral resource is associated with northern latitudes where peat bogs are widespread. Such areas are Scandinavia in Europe, and extensive areas in northern Russia and Canada.



You may also like
References
1. Robb, L. (2005). Introduction to Ore-Forming Processes. Blackwell Science Ltd.
In the early 1800’s, bog iron was quite important in the area where I grew up, southeastern Ohio. The remains of blast furnaces can be found in a number spots, including a few well preserved in state parks. Despite the fact that it was a wide-spread, relatively abundant resource, I don’t think I’ve ever seen an example, or even photos. Very interesting- thanks!