The total value of all Australian iron ore exports in the financial year to June 2020 rose to over A$100 billion (US$71 billion), representing more than a quarter of Australia’s total goods exported. Photo: Fleetmon

Australia’s spot as China’s top source for iron ore under threat as new mega ports open door for Brazil and Africa

  • Chinamax ships used by Brazilian mining giant Vale, as well as miners in Africa, can carry half again as much cargo as normal ore ships
  • Australia shipped a record amount of iron ore to China in June, with total iron ore exports accounting for a quarter of the country’s overall goods exports
Topic |   China-Australia relations
The total value of all Australian iron ore exports in the financial year to June 2020 rose to over A$100 billion (US$71 billion), representing more than a quarter of Australia’s total goods exported. Photo: Fleetmon
READ FULL ARTICLE