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    January 11, 2021

    Shipping industry baulks at extra fees at Port Hedland for iron ore

    Commodities, Iron Ore Australia, Port Hedland Iron Ore Export Fees

    By Karen Michelmore | ABC News

    Ship operators who carry Australia’s lucrative iron ore exports from Western Australia’s Pilbara region have baulked at new charges aimed at solving nearby dust pollution problems.

    From March 1, the Pilbara Ports Authority will impose a $13,450 levy on every major ship load of iron ore from the world’s largest bulk export port at Port Hedland, 1,650km north of Perth.

    The WA Government will use the money to compensate residents in up to 400 nearby dust-affected homes under a $200 million voluntary property buyback scheme negotiated with industry…Full Story

    China’s coal-price indices stop revealing surging prices as demand soars and inventories ‘fall below warning line’ China’s ban on Australian coal drives diversification, but can it fill the gap?

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