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Iron ore exports from Australia's Port Hedland at all-time high

Total shipment of 497m tonnes in 2016 indicates increase in global supply despite bearish forecasts


IRON ore cargoes from Australia's Port Hedland, the world's biggest bulk export terminal, jumped to an all-time high of almost half a billion tonnes last year, offering fresh evidence of burgeoning global supply at a time when bearish forecasts for the commodity are stacking up...