Australia news ICYMI – Workers on BHP’s iron ore railway drop plans for industrial action

<p>Iron ore is a key (the #1) Australian&nbsp;export. Earlier this week news crossed of planned industrial action that would have impacted exports:</p><ul><li><a href="https://www.forexlive.com/news/australia-iron-ore-transport-train-drivers-to-take-industrial-action-20231120/" target="_blank" rel="follow" data-article-link="true">Australia – iron ore transport – train drivers to take industrial action</a></li><li>The drivers operate trains taking iron ore from BHP’s Pilbara mines near Newman to Port Hedland</li><li>

The rail system carries about 300 million tonnes of iron ore from
mine to port annually</li></ul><p>Media reports in Australia overnight now indicate that plans for action have been paused.&nbsp;</p><p><a href="https://thewest.com.au/business/mining/workers-on-bhps-crucial-iron-ore-railway-drop-plans-for-industrial-action–c-12659156" target="_blank" rel="nofollow">Link here for more</a> (gated)</p><p>-</p><p>A supportive sign for AUD.</p><figure data-media-><img src="https://images.forexlive.com/images/train%20strike%20iron%20ore%2020%20November%202023_id_d37556ec-bf70-4806-b49e-32b24a9e9633_original.jpg" alt="train strike iron ore 20 November 2023" wrapper-="wrapper-" data-src="https://images.forexlive.com/images/train%20strike%20iron%20ore%2020%20November%202023_id_d37556ec-bf70-4806-b49e-32b24a9e9633_original.jpg" /></figure><p><br></p>

This article was written by Eamonn Sheridan at www.forexlive.com.