Major Australian port used to export iron ore has started clearing ships ahead of cyclone

Dampier is a major industrial port in the Pilbara region in the northwest of Western Australia. Its used by Rio Tinto Group to export iron ore. The port began clearing ships from the harbour ahead of a cyclone that’s expected from Friday. all port anchorages are expected to be cleared the storm will most likely cross the far west Pilbara or upper Gascoyne coast on SaturdayAustralia’s cyclone season typically runs from November to April.---At the margin this is a negative for the AUD, but it's a local event that'll pass quickly. AUD is moving more more on global developments. This article was written by Eamonn Sheridan at www.forexlive.com.

Major Australian port used to export iron ore has started clearing ships ahead of cyclone

Dampier is a major industrial port in the Pilbara region in the northwest of Western Australia. Its used by Rio Tinto Group to export iron ore. The port began clearing ships from the harbour ahead of a cyclone that’s expected from Friday.

  • all port anchorages are expected to be cleared
  • the storm will most likely cross the far west Pilbara or upper Gascoyne coast on Saturday

Australia’s cyclone season typically runs from November to April.

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At the margin this is a negative for the AUD, but it's a local event that'll pass quickly. AUD is moving more more on global developments. This article was written by Eamonn Sheridan at www.forexlive.com.