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June Australian Iron Ore Exports

Iron Ore

At 78.7 Mt, Australian iron ore exports (wet basis) in June rose 0.8 Mt year-on-year, but slipped 1.6 Mt below May’s 17-month high, according to the Australian Bureau of Statistics. Shipments to China jumped 2.1 Mt year-on-year to an 18-month high of 65.7 Mt, while exports to South Korea experienced a modest decline of 0.2 Mt to 4.1 Mt.