Western Australia’s Port Hedland, world’s largest bulk export terminal, exports more than 373 MnT bulk material every year. Port Hedland has delivered a total throughput of around 446 MnT iron ore in 2015, an increase of 7.8% as it was 414 MnT prior a year.
The volume of exports in Jan’16 stood at 33.7 MnT, down by 8% Y-o-Y as compared to 36.7 MnT in Jan’15. Exports are down in January due to closure of Port Hedland as it was largely affected by Cylcone Stan. Also, due to Chinese New Year in February and upcoming holidays, overall exports were down by world’s largest consumer of iron ore.
However, if we talk on M-o-M basis, in Jan’16 exports are down by 10%, which was 37.5% in Dec’15.
In Jan’16, Port Hedland shipped around 78% share of iron ore to China, around 5% share to Japan and 0.94% share to Taiwan. However, no iron ore exports from the Port of Port Hedland went to India in Jan’16.
China, the world’s largest importer of iron ore, imported around 26.5 MnT of iron ore from Port Hedland in Jan’16, down by 12% Y-o-Y as it was 30.15 MnT in Jan’15.
BHP Biliton and FMG (Fortescue Metals Group) exports iron ore mainly from Australia’s Port Hedland, while Rio Tinto ships through Port Dampier. Port Dampier reports its shipping statistics on a quarterly basis.
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