Port Hedland, one of Australia's major iron ore export hubs, reported a rise in its export volumes for September 2024.
According to the latest data, iron ore exports reached approximately 48.8 million tonnes, marking an increase of 950,000 tonnes compared to August's 47.85 million tonnes. This represents a 2% month-on-month growth.
Year-on-year, the export volume rose by 3.73 million tonnes, or 8%, compared to the 45.07 million tonnes recorded in September 2023.
Exports to China saw a significant rise, totaling about 44.45 million tonnes in September. This is an increase of 3.72 million tonnes from August's 40.73 million tonnes, reflecting a 9% month-on-month growth. Compared to the same period last year, when exports to China stood at 39.38 million tonnes, there was a substantial year-on-year increase of 5.07 million tonnes, or 13%.