Australia ships record volume of iron ore to China in June
Australia’s shipments of iron ore to China from the world’s top export hub of Port Hedland climbed to a record of 46.2 million tonnes in June, data from the port authority showed on Friday.
Shipments rose by 7% from May’s figure of 43.18 million tonnes, and were up by 10% from the same month last year, the data showed.
Port Hedland is used by three of Australia’s top four iron ore miners: BHP Group,, Fortescue Metals Group and Gina Rinehart’s Roy Hill.
Source: Reuters (Reporting by Melanie Burton; Editing by Christian Schmollinger)