World’s largest iron ore exporter, Australia exported around 68.04 MnT iron ore (agglomerated and non-agglomerated both) in May’16. Exports moved up by 4.2% M-o-M, as it was 65.4 MnT in Apr’16.
Starting the Australian financial year 2016 i.e. from July’15 to June’16, the country exported around 719.6 MnT iron ore (till May’16).
The non- agglomerated iron ore and concentrates exports in the month of May’16 was registered at 67.84 MnT, moved up by 4.2% M-o-M. Australia mainly exports fines and lumps to China. The agglomerated iron ore (pellets) exports remained at 0.2 MnT in May’16.
China imports more than 80% of Australian iron ore. In May’16, the country imported 55.27 MnT iron ore, slightly up by 1% M-o-M.
The other key countries who imported Australian iron ore were Japan (6.59 MnT), Republic of Korea (4.12 MnT), Indonesia (0.34 MnT) etc.
Australia’s Port Hedland exports around 70% of total iron ore exports
World’s largest bulk export terminal, Western Australia’s Port Hedland exports around 70% of the Australia’s bulk material.
Starting the Australian financial year 2016 (till Apr’16), total 412 MnT iron ore had been exported from Port Hedland.
Port Hedland has delivered a total throughput of around 446 MnT iron ore in 2015. BHP Billiton and FMG (Fortescue Metals Group) exports iron ore mainly from Australia’s Port Hedland.
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