{"id":81504,"date":"2023-07-19T04:27:54","date_gmt":"2023-07-19T04:27:54","guid":{"rendered":"https:\/\/globalroadtechnology.com\/\/?p=81504"},"modified":"2023-07-19T04:27:54","modified_gmt":"2023-07-19T04:27:54","slug":"wa-breaks-16-records-for-commodity-exports","status":"publish","type":"post","link":"https:\/\/globalroadtechnology.com\/wa-breaks-16-records-for-commodity-exports\/","title":{"rendered":"WA Breaks 16 Records for Commodity Exports"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">It\u2019s been a bumper year for the Southern Ports of Western Australia, setting 16 new shipping records in the 12 months to July 2023. <\/span><span style=\"font-weight: 400;\">Spudomene, the mineral containing Lithium, has seen incredible growth in export volume, reaching 2.4 million tonnes in 22\/23, Vs 1.9 m\/t the previous year.<\/span><\/p>\n<p><b>Lithium remains a critical mineral, enabling the energy transition and net zero carbon ambitions worldwide. <\/b><span style=\"font-weight: 400;\">In addition, the ports saw significant increases in commodity exports across multiple categories, including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Coal<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fertiliser<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Grain<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Silica Sands<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Port of Esperance also accommodated the most vessel visits since 2017.\u00a0 <\/span><span style=\"font-weight: 400;\">After measuring the tonnage shipped from WA\u2019s three southern ports of Bunbury, Esperance and Albany, the managing authority was suitably chuffed with the boom in trade.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cGrowth and diversification of our trade is important as our state transitions to new commodities, including those that support renewable energy production,\u201d Southern Ports CEO Keith Wilks said. <\/span><span style=\"font-weight: 400;\">\u201cA record 2.4 million tonnes of spodumene was exported, contributing to our state\u2019s critical battery and minerals trade which will shape our country\u2019s clean energy future. <\/span><span style=\"font-weight: 400;\">Ports play a critical role in WA\u2019s economy, and we\u2019re proud to be delivering outcomes to support this.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Southern Ports gateways of Albany, Bunbury and Esperance collectively handle over 37 million tonnes of cargo annually, promoting trade across bulk commodities, container ships and cruise operations.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>Rio\u2019s Iron Ore Production Surges Despite Train Derailment<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">Mining major Rio Tinto has unveiled its report for the last financial quarter with a big windfall from Pilbara iron ore.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Production across its Pilbara Iron operations increased by 3% compared to the previous corresponding quarter, reaching a whopping <\/span><b>83 million tonnes<\/b><span style=\"font-weight: 400;\"> in the three months to the end of June 2023. <\/span><span style=\"font-weight: 400;\">Rio\u2019s Gudai-Darri greenfield mine in Newman, WA, accounted for a boost in production as it achieved sustained capacity during the term. <\/span><span style=\"font-weight: 400;\">While planned large-scale maintenance work at the port and a train derailment saw total shipping numbers dip by 1%.<\/span><\/p>\n<p><b>Despite this, Rio expects full-year shipping rates to land at the upper end of the 320 to 335 million tones range.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">\u201cProduction downgrades during the quarter highlight that we still have much more to do elsewhere as we roll out the Safe Production System to create stability and achieve excellence across our global portfolio,\u201d Chief Executive Jakob Stausholm said.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition, the company remains on track to triple its copper production by the end of 2029, as the Oyu Tolgoi underground mine continues to ramp up and remains ahead of schedule. <\/span><span style=\"font-weight: 400;\">Rio\u2019s Alumina production also increased by 11% in the quarter, supported by the acceleration of the Kitimat smelter in Canada and the stable performance of the business unit across the board.\u00a0<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>The Road to Zero-Carbon Runs Through Australia\u2019s Resources Sector<\/strong><\/h2>\n<p><span style=\"font-weight: 400;\">The Australian government is firmly committed to an emissions reduction of 43% by 2030 and net zero by 2050. <\/span><span style=\"font-weight: 400;\">In a recent joint statement, Federal Resources Minister Madeline King reiterated support for carbon and methane cuts alongside its trade partners, including:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Japan\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The Republic of Korea,\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The United States\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The European Union\u00a0<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Mainly focussed on the Liquified Natural Gas (LNG) supply chain, Minister King acknowledged the role that Australia\u2019s broader resources sector must play.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAustralia\u2019s resources sector will be instrumental in achieving our climate goals as well as those of our resources trade partners,\u201d she said. <\/span><span style=\"font-weight: 400;\">\u201cOur key LNG trade partners in Asia have planned a key role for Australian LNG in their energy transitions.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cAs one of the world\u2019s top LNG exporters, Australia looks forward to working with our partners in Japan, the Republic of Korea, the US and the EU to ensure LNG supply chains minimise methane emissions,\u201d she added.<\/span><\/p>\n<p>&nbsp;<\/p>\n<p><b>Dust suppression is a critical issue in the world of mining and resources.<\/b><\/p>\n<p><b>Learn more about GRT\u2019s industry-leading and IoT-connected <\/b><a href=\"https:\/\/globalroadtechnology.com\/\/smart-dosing-units\/\"><b>SMART Dosing Units<\/b><\/a><b>, and discover how we\u2019re driving better dust suppression solutions for all!<\/b><\/p>\n<p>&nbsp;<\/p>\n<p><b>Your feedback is important to us.\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">If you enjoyed reading this Global Road Technology industry update and found it informative, please let us know by leaving a <a href=\"https:\/\/g.page\/r\/CboR9OM85l6BEB0\/review\">REVIEW<\/a>.<\/span><\/p>\n<p>&nbsp;<\/p>\n<h2><strong>References:<\/strong><\/h2>\n<p><a href=\"https:\/\/www.southernports.com.au\/corporate\/news\/record-breaking-year-port-trade-states-south\"><span style=\"font-weight: 400;\">https:\/\/www.southernports.com.au\/corporate\/news\/record-breaking-year-port-trade-states-south<\/span><\/a><\/p>\n<p><a href=\"https:\/\/announcements.asx.com.au\/asxpdf\/20230719\/pdf\/05rrspv0b7cctl.pdf\"><span style=\"font-weight: 400;\">https:\/\/announcements.asx.com.au\/asxpdf\/20230719\/pdf\/05rrspv0b7cctl.pdf<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.minister.industry.gov.au\/ministers\/king\/media-releases\/australia-joins-global-push-curb-methane-emissions-lng\"><span style=\"font-weight: 400;\">https:\/\/www.minister.industry.gov.au\/ministers\/king\/media-releases\/australia-joins-global-push-curb-methane-emissions-lng<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>It\u2019s been a bumper year for the Southern Ports of Western Australia, setting 16 new shipping records in the 12 [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":81505,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[115],"tags":[],"class_list":["post-81504","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industry-articles"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>WA Breaks 16 Records for 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