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Mining Cyclone Iron

Bloomberg reported yesterday that iron ore imports had surged in December to the second-highest volume on record as mills boosted purchases and WA miners ramped up shipping ahead of the cyclone.

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  • Was Cyclone Threat To Support Higher Iron Ore Prices

    Was Cyclone Threat To Support Higher Iron Ore Prices

    Bloomberg reported yesterday that iron ore imports had surged in December to the second-highest volume on record as mills boosted purchases and WA miners ramped up shipping ahead of the cyclone.

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    Cyclone Bears Down On Australias Iron Ore Miners

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    Cyclone season starts in November in WA and runs through until April. About 98 per cent of the 28 billion tonnes of iron ore Australia makes comes from WA, so supplies in WA can affect world pricing.

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    Diversified giant Rio Tinto has downgraded its iron-ore export expectations for the full 2020, in the wake of Tropical Cyclone Damien.

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