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iron-investing

Australian Iron Ore Ports Reopen

Investing News Network
Jan. 20, 2015 09:15AM PST
Base Metals Investing

Mining Weekly reported that Port Hedland and Dampier, two iron ore export terminals in Australia, reopened on Tuesday following brief shutdowns due to the threat of a cyclone.

Mining Weekly reported that Port Hedland and Dampier, two iron ore export terminals in Australia, reopened on Tuesday following brief shutdowns due to the threat of a cyclone.

As quoted in the market news:

Port Hedland, used by BHP Billiton and Fortescue Metals Group and accounting for about a fifth of all seaborne-traded iron ore was closed for 10 hours. Dampier, where Rio Tinto sends ore, was closed for 17 hours, according to the authority.

Click here for the full Mining Weekly report

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