SYDNEY (Reuters) - Major iron-ore export ports in northwestern Australia, which account for half the world's seaborne-traded iron ore, have reopened or are expected to restart operations later on Thursday after a powerful cyclone weakened after hitting land.
Port Hedland, used by BHP Billiton and Fortescue Metals to ship more than 20 million metric tons of iron ore a month, expects to reopen on Thursday after checks for damage, said a port official.