Iron ore shipments are expected to rise from 900 million tonnes in 2020–21 to 1.1 billion tonnes by 2025–26, as the country expects to retain its dominant market share even as Brazilian supply recovers. Photo: Reuters
Australia’s iron ore exports to hit record US$104 billion as global steelmaking recovers after coronavirus downturn
- Iron ore shipments are expected to rise from 900 million tonnes in 2020–21 to 1.1 billion tonnes by 2025–26
- Australia’s most valuable economic export is expected to earn more than A$100 billion per year for the next half decade as miners like BHP Group, Rio Tinto and Fortescue dig out more iron ore from Western Australia’s Pilbara region
Iron ore shipments are expected to rise from 900 million tonnes in 2020–21 to 1.1 billion tonnes by 2025–26, as the country expects to retain its dominant market share even as Brazilian supply recovers. Photo: Reuters
