Australia’s Biggest Iron Ore Port Prepares for Direct Cyclone Hit

Reuters reported that Port Hedland, which handles a fifth of the world’s seaborne-traded iron ore, braces for Cyclone Rusty. Evacuations have started, temporarily stopping the loading of millions of tons of iron ore.

As quoted in the market news:

The Port Hedland Port Authority is fully prepared for the arrival of tropical cyclone Rusty, with all port terminals, infrastructure and services secured and locked down in line with existing port cyclone response plans,” port spokesman Steed Farrell said.

Click here to read the full Reuters report.