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Rio Tinto, BHP, Vale tipped to report strongest ever quarterly iron ore exports

Peter Ker
Peter KerResources reporter

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The world's three biggest iron ore miners are expected to confirm the industry's strongest ever quarterly export figures this week, helping to explain recent weakness in prices for the bulk commodity.

Big miners have exercised restraint in both supply and rhetoric in recent years in a bid to calm fears the iron ore market could be flooded with supply, but port statistics suggest the miners' inexorable export growth reached new heights in the three months to June 30.

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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com

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    Original URL: https://www.afr.com/business/mining/rio-tinto-bhp-vale-tipped-to-report-strongest-ever-quarterly-iron-ore-exports-20180713-h12nst