MINING  Commodity export volumes in FY2014 were as follows: ‘000 tonnes First Half 2012-13 Second Half 2012-13 Total 2012-13 First Half 2013-14 Second Half 2013-14 Total 2013-14 Utah Point Iron ore Phil’s Creek - 464 464 1,721 2,289 4,010 Spinifex Ridge - - - 653 737 1,390 Poondano & Other 1,015 386 1,401 319 161 480 Total Iron ore 1,015 850 1,865 2,693 3,187 5,880 Manganese 117 30 147 - - - Total Utah Point 1,132 880 2,012 2,693 3,187 5,880 KBT2 Carina Iron Ore 1,528 2,016 3,544 2,376 2,177 4,553 Total KBT2 1,528 2,016 3,544 2,376 2,177 4,553 Total commodity sales 2,660 2,896 5,556 5,069 5,364 10,433 Managing  Director’s Report The ramp-up of production at the Phil’s Creek mine and the Spinifex Ridge minegate operation, together with an increase  in production from the Carina mine, have contributed to an 88% growth in export tonnes. Poondano, the third operation in  the Pilbara program, ended production in the year and entered into its rehabilitation phase. Achieved selling prices for iron ore reflected the decline in global iron ore prices denominated in US dollars and the  strengthening of the US currency against the Australian dollar. The achieved selling price of iron ore in the second half  was 21% less than that in the first, reflecting the fall in global iron ore price exaggerated by a widening of the discount to  Platts Index being offered by producers towards the end of FY2014.  The Company continues to be of the view that iron ore offers a stable platform for growth. Both services and mining  divisions have significant opportunities in the iron ore markets and expect that the sector will provide increasing  opportunities that suit the MRL business model. Mineral Resources Limited Annual Report 2014 9 For personal use only