Title: Australia news ICYMI - Workers on BHP’s iron ore railway drop plans for industrial action
Post by: forex4you on Nov 24, 2023, 08:15 am
Post by: forex4you on Nov 24, 2023, 08:15 am
Australia news ICYMI - Workers on BHP's iron ore railway drop plans for industrial action
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Australia news ICYMI - Workers on BHP's iron ore railway drop plans for industrial action (https://www.forexlive.com/news/australia-news-icymi-workers-on-bhps-iron-ore-railway-drop-plans-for-industrial-action-20231123/)
forexlive.com
Iron ore is a key (the #1) Australian export. Earlier this week news crossed of planned industrial action that would have impacted exports:
- Australia - iron ore transport - train drivers to take industrial action
- The drivers operate trains taking iron ore from BHP's Pilbara mines near Newman to Port Hedland
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The rail system carries about 300 million tonnes of iron ore from
mine to port annually
Media reports in Australia overnight now indicate that plans for action have been paused.
Link here for more (gated)
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A supportive sign for AUD.
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Australia news ICYMI - Workers on BHP's iron ore railway drop plans for industrial action (https://www.forexlive.com/news/australia-news-icymi-workers-on-bhps-iron-ore-railway-drop-plans-for-industrial-action-20231123/)
forexlive.com