September 07, 2008

Australian iron roe export reaches record 27.8 million tonnes

It is reported that Australia has exported a record 27.8 million tonnes of iron ore on basis wet in January 2008.

16.1 million tonne was shipped to China, 7.4 million tonne for Japan, and a combined 3.5 million tonne to South Korea and Taiwan.

With so much attention focused on recent temporary infrastructure constraints in Brazil, the data serves as a reminder of the new iron ore export capacity beginning operation in Australia.