Industry News

Iron ore exports at record high in October

Views : 141
Update time : 2020-11-24 15:28:42

Australian iron ore exports reached a record high of $10.9 billion in October, most of which was destined for China.

Preliminary trade figures for the month showed iron ore exports accounted for over a third of all exports, the Australian Bureau of Statistics said on Tuesday.

Gas exports were also up 18 per cent and meat was up 21 per cent.

Total exports increased by $1.8 billion or six per cent in October to $30.5 billion.

Imports rose by $2 billion in October or eight per cent to $25.7 billion.

Road vehicle imports rose 13 per cent to $393 million, the fifth consecutive monthly increase since the sharp decline in May 2020 due to the COVID-19 pandemic.

Related News
Read More >>
ASI certifies MinTa Aluminum Technology against Performance Standard V3 ASI certifies MinTa Aluminum Technology against Performance Standard V3
Jun .09.2025
ASI certifies MinTa Aluminum Technology against Performance Standard V3
Rio Tinto seeks government salvation for Tomago Smelter as energy costs keep surging Rio Tinto seeks government salvation for Tomago Smelter as energy costs keep surging
Jun .09.2025
Rio Tinto seeks government salvation for Tomago Smelter as energy costs keep surging
Mining and downstream investments pillars of economic growth in Ketapang Mining and downstream investments pillars of economic growth in Ketapang
Jun .09.2025
Mining and downstream investments pillars of economic growth in Ketapang
The alumina fundamentals are relatively loose, and the spot price may remain in the doldrums in the short term The alumina fundamentals are relatively loose, and the spot price may remain in the doldrums in the short term
Jun .09.2025
The alumina fundamentals are relatively loose, and the spot price may remain in the doldrums in the short term