Australian green energy and iron-ore giant Fortescue has revealed a 6% decline in third-quarter iron-ore shipments, attributed to the repercussions of an ore car derailment on December 30, coupled with weather-related disruptions.
Port Hedland handles production from mines owned by BHP Billiton, Atlas Iron and Fortescue Metals Group in the iron ore-rich Pilbara region of Western Australia.
State-owned Transnet Port Terminals’ (TPT’s) Saldanha Iron Ore Terminal has embarked on a five-day shutdown for the maintenance and servicing of equipment on two tipplers, starting on April 15.
Rio Tinto reported a 5% fall in its first-quarter iron ore shipments on Wednesday, missing estimates, because of weather disruptions at ports and reduced production from some of its Western Australian mines.