Yellow metal prices retraced from earlier gains following the release of the US April employment report
- Bureau of Meteorology, Western Australia (@BOM_WA) March 24, 2019
Major mining and energy companies took precautionary steps across the region, a hub of liquefied natural gas and iron-ore exports, with ports cleared of ships and non-essential staff evacuated, according to australianminining.com.au website.
Australia's western coast usually sees three or four cyclones per year and emergency services said residents were well-prepared for this storm.
Meanwhile, Cyclone Trevor, which hit northern Australia on Saturday as a powerful category 4, weakened to a tropical storm overnight as it moved inland in the sparsely populated region.
Officials said no deaths, injuries or significant damage had been reported from the storm, but that heavy rains were continuing and flooding was still a danger.
The army and police had evacuated more than 2,000 residents from outposts in Trevor's path, many of them indigenous communities, and people began returning to their homes on Sunday, police said.
Yellow metal prices retraced from earlier gains following the release of the US April employment report
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