The cost of shipping iron ore from Brazil to China is now more than the cost of digging up the ore itself.

从巴西到中国的铁矿石运费，已经超过其本身的采掘费用。

youdao

But from February to May of that year, we started shipping iron ore, and by the end of the year, I had generated enough cash to pay back the money that they lent.

但是从那年的二月到五月，我们就能贩运铁矿石，而到了当年年底我们就赚到了足够的钱，偿还了债务。

youdao

"They all know derivatives are used in commodities, oil, iron ore, dry shipping and tanker shipping. It is going to arrive in container shipping," she said.

“他们都知道衍生品被广泛用于商品中，如石油、铁矿石、干货运输和油轮运输。它即将用于集装箱运输，”她说。

youdao

The Australian companies believe they have an advantage: their costs of shipping iron ore to China are about one-third those of Brazil, their main competitor.

ECONOMIST: The global reach of China's boom

Since 2007 Galantas Gold Corporation, a Canadian firm, has been working what is currently Britain's only gold-producing mine at Omagh, in Northern Ireland, shipping the ore to Canada and running a small gold-jewellery operation.

ECONOMIST: The high price of gold is encouraging miners to dream

It is also a major supplier of direct-shipping lump and fines iron ore out of Australia.

FORBES: Cliffs Stokes North American Coal Sales, Stock Good For $103