Whitehaven Coal sees higher prices on disruptions
The company's Blackwater and Daunia mines in Queensland, which it recently purchased from BHP, produced 4.8 million tonnes.
Iron ore exports from Australia’s Port Hedland to China jumped nearly 40% year over year this November, with shipments reaching 22.3 million tonnes from 16.2 million tonnes a year earlier.
November 2013 iron ore shipments from Port Hedland to China were down 11.5% from October 2013.
November 2013 shipments to Japan rose 38% to 2.2 million tonnes and doubled to Korea, reaching 2.9 million tonnes.
Rio Tinto, whose shipments are not included in the data, is “expanding its export capacity by a third to 290 million tonnes from Indian Ocean ports south of Port Hedland on Australia’s west coast,” Reuters reports.
