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.
A worldwide iron ore supply deficit of between 20-25 mt has been forecast for 2008 by Credit Suisse, on the back of high demand from steel mills. China has led the recent rise in steel production and is now the world’s top importer of iron ore.
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