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Australia wants to increase iron ore exports to India

With decreasing iron ore trade with China, Australia plans to increase its iron ore sales to India.

Australia wants to increase iron ore exports to India

Australia wants to increase its iron ore exports to India. The biggest reason he wants to do this is to reduce his export reliance on China.

Therfore, the Australian prime minister and several domestic mining companies recently visited India.

According to Australian Bureau of Statistics data, Australia's iron ore exports to India, which amounted to 411,000 tons in 2021, have no such record in 2022.

It seems possible to say that China, which is Australia's largest iron supplier in 2022, has decreased its exports to Australia and continues to seek new markets.

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