Rio Tinto ships 4 billion tonnes of iron ore from Pilbara to China
NewsRio Tinto marks a milestone with the shipment of 4 billion tonnes of Pilbara iron ore from Dampier Port to China Baowu Steel Group.
Australia’s iron ore miners have secured an unprecedented 71.5 per cent increase in iron ore contract prices, which, coupled with a 120 per cent rise in coking coal prices earlier this year, means Australia is set to receive significant export revenues.
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