DBX Platform New Feature: Monitor BHP Iron Ore Stockpiles at Port Hedland

February 19, 2024
February 19, 2024
Carlo Robiati

DBX is excited to announce that our users can now monitor BHP Iron Ore stockpiles at Port Hedland in near real-time thanks to our proprietary solution utilizing satellite imagery.

BHP is a major Iron Ore supplier, accounting for approximately 50% of the total Iron Ore exported from Port Hedland and about 30% of the total annual Australian exports. By offering visibility into BHP stocks alongside FMG and Roy Hill, we're providing you with insights into approximately 96% of the total Iron Ore exported from Port Hedland and about 58% of the total annual Australian exports. Such insights are providing traders a significant advantage in iron ore shipping and trading.