Strengthening cyclone sets path for Australia iron ore mines

 Monday, December 30, 2013

 Reuters

A tropical cyclone intensifying off northwestern Australia was on course to sweep across some of the world’s largest iron ore mines after causing giant shipping ports to close. Iron ore prices rose on Monday as shipments of millions of tonnes of iron ore were suspended from the west Australian ports of Port Hedland, Dampier and Cape Lambert ahead of Cyclone Christine making landfall later on Monday or early Tuesday.
CatastropheProperty
BROWSE RELATED NEWS ARTICLES