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.
Not exact matches
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.
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.
In contrast,
exports of metal
ores & minerals and coal have risen modestly, and the
volume of gold
exports was almost 20 per cent higher.
Australian iron
ore miners
exported record
volumes in December, but
export growth in 2016 was the slowest in years.