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AUSTRALIA-MINING/
RTX16O0C
December 19, 2013
Ships waiting to be loaded are seen near piles of iron ore and bucket-wheel reclaimers at the Fortescue...
PORT HEADLAND, Australia
Ships waiting to be loaded are seen near piles of iron ore and bucket-wheel reclaimers at the Fortescue...
Ships waiting to be loaded are seen near piles of iron ore and bucket-wheel reclaimers at the Fortescue loading dock located at Port Hedland in the Pilbara region of Western Australia December 3, 2013. Australian iron ore mining seems immune from the spending crunch afflicting other commodities as a slowdown in Chinese growth cools a decade-long mining boom. Rio Tinto, BHP Billiton and Fortescue Metals Group are bulking up in Western Australia's iron-rich Pilbara desert as if the mining boom had never ended. A place where capital expenditure is still measured in the billions. The miners are speeding up transformation of an area the size of Peru into a moonscape of rust-red pits linked via thousands of kilometres (miles) of rail lines to giant iron ore ports perched on the easternmost edge of the Indian Ocean. Picture taken December 3, 2013. REUTERS/David Gray (AUSTRALIA - Tags: MARITIME BUSINESS COMMODITIES)
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