BHP, Rio evade worst as cyclone misses major Australian ore port
SYDNEY: BHP Billiton Ltd., Rio Tinto Plc and other iron-ore producers in northwest Australia evaded the worst of Cyclone Stan after the weather system missed major export hubs and weakened as it moved inland. The cyclone made landfall early Sunday with less force than expected east of Port Hedland, the world's largest bulk-export terminal, the Bureau of Meteorology said on its website. While the bureau expects heavy rain, potential flooding and gusts of up to 90 kilometers an hour in some places, it said Stan has faded to a category 1 cyclone and will gradually lose power. Port Hedland is the maritime gateway to Asia for miners hunting for iron ore in the Pilbara region of Western Australia. BHP, which had evacuated workers as Stan approached, reopened sites at the port early Sunday, Matthew Nette, a spokesman for the company, said in an e-mail.