Sentences with phrase «iron ore export»

The key shipping ports of Dampier, Cape Lambert and Port Hedland, the world's largest iron ore export terminal, bore the brunt of the storm after clearing dozens of iron ore freighters and evacuating staff over the weekend.

The strong export numbers at Dampier give hope that Rio may yet achieve its full - year iron ore export guidance for 2017, despite being behind the pace required after the first nine months of the year.

That fast finish is expected to enable Rio to meet its full - year iron ore export guidance, despite being well behind the pace as recently as October.

Strong iron ore export data from Port Hedland typically bodes well for BHP Billiton and Fortescue Metals Group, the two biggest exporters from the port.

Normally the contraction impact of much weaker iron ore export prices should be partially mitigated by the expansion impact of a weaker Australian dollar, as iron - related inflows drop sharply.

Mid-tier iron ore miner Mineral Resources has increased its full - year net profit by 28 per cent to $ 231 million, with the help of a 93 per cent increase in iron ore export volumes.

The value of Australian iron ore exports is expected to fall next year as strong growth in production volumes is offset by a slump in prices to a forecast $ US52.10 per tonne in 2016.

A ramp - up of iron ore exports has lifted annual throughput at Port Hedland to a new record of 460.4 million tonnes, with the combined Pilbara Ports Authority tracking for a figure of 633.5 mt per year.

Even though I know nothing about the iron ore market, and certainly not as much as the CEO of Fortescue, I know arithmetic, and even before I heard Minack's discussion of the global increase in production, I simply could not get the arithmetic that connected Chinese interest rates with Australian iron ore exports to work otherwise.

However, investment in additional infrastructure is occurring, with the planned expansions likely to support strong growth in iron ore exports, while growth in coal exports is expected to be more moderate.

Port capacity is estimated to have increased by 19 per cent since 2003, more than sufficient to support recent growth in iron ore exports.

Iron ore exports are lower due to seasonal factors in Australia and Brazil - and the long Chinese New Year break occurs in the quarter.

Not exact matches

Executives at mining giants BHP Billiton and Rio Tinto have recently told investors that they hope Belt and Road could revive China's metal exports, boosting demand for their iron ore.

The state government has extended its discounted charges at the Utah Point bulk handling facility by another year, to help junior miners continue exporting iron ore, as debate around the sale of the port continues.

The state government has announced a $ 40 million package to reduce charges at the Utah Point bulk handling facility by up to $ 2.50 per tonne, in an effort to help junior miners continue to export iron ore.

The direct impact on listed companies may be limited as trade between China and its isolated northern neighbour has slowed substantially since the United Nations imposed a ban in September on North Korean exports of coal, iron, iron ore, lead, lead ore and seafood.

«But the mining company Portman that exports iron ore out of here is also talking about the need for a fourth shed.»

Qantas is the first Australian company to respond to Beijing's heightened vigilance, though all firms exporting everything from iron ore to baby formula should be taking heed.

«We see a Chinese economy gradually shifting from construction to consumption, and so, we will transition,» said Mackenzie adding that «We imagine we will continue to creep our exports of steelmaking materials like metallurgical coal and iron ore, but we're much more likely to make major investments in what we feel are the next phase of China's growth in energy and in food.»

A key element in this shift is China; the value of Chinese exports to Canada tripled over this period and Canadian exports to China, while still small relative to exports to the US, have grown steadily in value driven by commodity exports which have been buoyed by high prices and huge demand in China for key Canadian exports such as minerals (nickel, coking coal, potash, copper and iron ore), pulp and lumber.

We are exporting iron - ore and importing steel.

Ports data indicate that capacity expansions resulted in a sharp pick - up in iron ore and LNG export volumes in the December quarter; the latter pick - up reflects the recent commencement of the fourth LNG train at the North West Shelf gas project.

For example, there should be substantial new capacity, with limited declines in existing capacity, for several major export commodities, including coal, iron ore, alumina and especially LNG, with growth in the latter significantly boosting exports in the December quarter 2004.

Although there has been reasonable growth in the other two resource export components, particularly for iron ore, alumina and coal, the growth in these items has not been sufficient to compensate for the weakness in those components where production has fallen significantly.

The export prices of coal and iron ore are heavily influenced by the outcomes of longer - term contract negotiations, and contract prices are currently lagging recent price strength evident in spot markets.

Analysts speculated that Fortescue's weak export rate in October and November may be linked to the Chinese shutdowns and the middle kingdom's growing preference for iron ore with higher grades than Fortescue typically produces.

The 13.9 million tonnes of iron ore shipped through Damper in December was higher than the average of 11.98 million tonnes exported each month between July and November, and well above the 11.2 million tonnes shipped in November.

[20] In its projections published in July 2012, the Bureau of Resources and Energy Economics anticipated strong growth in iron ore and coal exports over the next half decade, of around 9 — 10 per cent per year (Figure 19).

Rio needed to ship 89.8 million tonnes of iron ore from Western Australia in the final three months of 2017 to meet its export target of 330 million tonnes.

Miners such as BHP, Fortescue Metals Group, Roy Hill, Atlas Iron, Mineral Resources and BC Iron export their iron ore through Port Hedland, and the Pilbara Ports Authority said efforts were under way to secure the pIron, Mineral Resources and BC Iron export their iron ore through Port Hedland, and the Pilbara Ports Authority said efforts were under way to secure the pIron export their iron ore through Port Hedland, and the Pilbara Ports Authority said efforts were under way to secure the piron ore through Port Hedland, and the Pilbara Ports Authority said efforts were under way to secure the port.

Winter shutdowns in China do not appear to be harming Australian commodity exports, with shipping data from Port Hedland revealing record amounts of iron ore and lithium were exported in December.

Plus there is the China effect also in play — as Brazil exports iron ore and other metal ores to China.

Australia's plans to export more iron ore this year than any nation ever is driving up shipping costs by 80 percent.

Half of the country's 2014 exports were raw products like oil, iron ore, soybean and corn, so the economy has been vulnerable to commodity price changes on those products.

The person who told me they were lucky was a Central Banker in Australia who said, «We're lucky because we live right near China and we can export iron ore and other raw materials».

Australian iron ore miners exported record volumes in December, but export growth in 2016 was the slowest in years.

Iron ore magnate Gina Rinehart has snapped up a 50 per cent stake in two West Australian cattle stations in a bid to capitalise on booming food exports to Asia.

Gina Rinehart's Roy Hill iron ore project has had a disrupted start to 2018 and has exported less than its full capacity over the past five months.

Though they may be harder to itemise and tabulate, these human contacts will provide rewards as enduring as any we are likely to derive from the export of iron ore.

The local sharemarket was led down by metals and mining stocks as exports of iron ore and coal to China declined.

Whoever wins the election faces an economy battered by lower commodity prices for its main exports of rubber and iron ore, and a rapidly depreciating currency.

When that happens exports of iron ore and other commodities will also plummet so carbon dependence got us nowhere after all.