SYDNEY (Reuters) - Australia's Port Hedland, a major terminal for iron ore exports, will shut down operations on Tuesday due to a tropical storm threatening the country's far west coastline.
Port Hedland is used by BHP Billiton, Fortescue Metals Group and Atlas Iron to ship ore, currently at a rate of around 200 million tons per year, accounting for a fifth of global seaborne trade in the steel-making raw material.
