Gold Valley exports first shipment of iron ore from Port of Esperance
NewsSouthern Ports and Gold Valley marked a milestone as MV Sifnos departed the Port of Esperance with 78,000t of iron ore.
India’s iron ore exports fall 60% on high duties
StandardData recently released by the Federation of Indian Mineral Industries (FIMI) show that India’s iron ore exports fell 60% to 4.22 mt in February from 10.58 mt in February 2011, as a result of high duty levied by the government in December to discourage supply to steel mills abroad. About 90% of India’s iron ore exports go to China.
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