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A bit of price movement at the (hitherto) stationary today? Nice...

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    A bit of price movement at the (hitherto) stationary today?

    Nice if it reflects favourable tides at Port Hedland.

    There was a story the other day somewhere comparing Port Hedland (and the slow-cogitating authority there?)  with  port developments elsewhere in Australia ….


    https://www.australianmining.com.au/news/mineral-exports-put-focus-on-port-infrastructure/
    Mineral exports put focus on port infrastructure

    December 13, 2021News Michael Philipps

    Port Hedland.


    Pilbara Ports Authority exported a total monthly throughput of 59.9 million tonnes (Mt) for November 2021, a 4 per cent increase compared to the corresponding period in 2020.
    Port Hedland achieved a monthly throughput of 43.9Mt – of which 43.4Mt was iron ore exports – marking a 5 per cent increase to total throughput compared to November 2020.
    Imports through Port Hedland totalled 167,000 tonnes, a decrease of 10 per cent compared to November 2020.
    The Port of Dampier delivered a total throughput of 15.1Mt, a 4 per cent increase from November 2020, with iron ore contributing 83.63 per cent of the total.
    Imports through the Port of Dampier totalled 111,000 tonnes, a decrease of 17 per cent from November 2020, with petroleum making up 86.37 per cent of the total for the month.



    There has been significant interest in Australian ports in recent weeks, with the announcement of a new $10 million dollar project to build Common User Infrastructure at the Port of Bundaberg, with the detailed plans complete and tenders now open to local businesses.
    A new bulk goods conveyor facility at the port will improve loading facilities for a wide range of goods.


    Federal Assistant Minister for Regional Development and Territories Nola Marino said once complete, the Common User Infrastructure will provide an opportunity for the Hinkler region and surrounds to increase exports of bulk commodities including minerals, timber products (wood pellets and woodchip) and agricultural produce.
    “This $10 million investment from the Australian Government under the Hinkler Regional Deal will deliver new capability at the Port of Bundaberg. This will increase economic activity for the Hinkler region and provide opportunities for local producers to compete in world markets,” Marino said.



    Earlier in December, Iron Road and Andromeda Metals entered into a non-binding memorandum of understanding (MOU) regarding the development of a deep, multi-commodity port at Cape Hardy in South Australia.
    According to a statement from the company, Andromeda has entered into the agreement as part of exploring a number of potential port development options to support the future growth across its portfolio of projects on Eyre Peninsula, specifically the Mount Hope kaolin project.



    In November, Mineral Resources (MinRes) partnered with Hancock Prospecting and Roy Hill to investigate the development of a new iron ore export facility in Port Hedland
    Stanley Point Berth 3 in South West Creek is shaping as a viable option for the major iron producers to expand their export capacities.
    The agreement would see Roy Hill provide services to MinRes and Hancock to develop and operate the facility, including rail haulage and port services.



    And it probably does NOT mean  Chris Ellison will decide to fast-track the BCK Port Hedland JV over his plans for Onslow (the port to be for his new Ashburton supply hub), but, FWIW, the West Australian today reported Mineral Resource’s application to install a 500 worker village in Onslow has been rejected by the local shire.


    cheers
    Last edited by sabine: 17/12/21
 
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