International Trade

SA now China's third biggest iron ore provider

SA now China's third biggest iron ore supplier
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South Africa has overtaken India to become China’s third biggest iron ore supplier.

In the past year, South Africa shipped 40.6 million tonnes of iron ore to China, an increase of 12% on 2011. India, which was China’s third biggest supplier, saw its exports to China decrease 54.75% to 33 million tonnes.

South Africa has improved its logistical supply line from the iron ore mines in the Northern Cape to its export port of Saldanha after coming to an agreement with the two principal mining houses, Kumba and Assmang.

Indian authorities, on the other hand, have tightened up on illegal iron ore production. Last October Goa, which is one of India’s biggest suppliers, imposed a blanket ban on all mining activities.

Australia remains China’s main supplier, with exports rising to 351.5 million tonnes in 2012 – almost half of China’s imports. Brazil remains unchanged in second place. In 2012, China imported a total of 743.6 million tonnes of the mineral – an increase of 8.4% on the previous year.

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