Australia ships record volume of iron ore to China in June

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Australia’s shipments of iron ore to China from the world’s top export hub of Port Hedland climbed to a record of 46.2 million tonnes in June, data from the port authority showed on Friday.

Shipments rose by 7% from May’s figure of 43.18 million tonnes, and were up by 10% from the same month last year, the data showed.Ignore the gloomy forecast — why property prices are not poised to decline 18% 

Port Hedland is used by three of Australia’s top four iron ore miners: BHP Group,, Fortescue Metals Group and Gina Rinehart’s Roy Hill.

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