Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Australia's Port Hedland iron ore exports to China jump by 22 percent in March

FILE PHOTO: Ships waiting to be loaded with iron ore are seen at the Fortescue loading dock located at Port Hedland, in the Pilbara region of Western Australia December 3, 2013. REUTERS/David Gray/File Photo

Australia's Pilbara Port Authority said on Wednesday that iron ore exports to China jumped 21.6% to 40.43 mln tonnes in March from the month earlier.

Exports from the world's biggest iron ore export hub stood at 33.26 million tonnes in February when China typically imports less due to its Lunar New Year holidays. Iron ore miners in March shipped out the third highest volumes since January 2019.

The monthly figure was 31.8% higher than March, 2019, when exports from the Western Australian port were curtailed by tropical cyclone Veronica.

Port Hedland is used by three of Australia's top four iron ore miners, BHP Billiton <BHP.AX>, Fortescue Metals Group <FMG.AX> and Gina Rinehart's Hancock Prospecting.

(Reporting by Melanie Burton; Editing by Raju Gopalakrishnan)

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.