⁍ Australia’s Fortescue Metals Group Ltd posted a 5% rise in first-quarter iron ore shipments on Thursday.
⁍ The world’s fourth-largest iron ore miner said it shipped 44.3 million tonnes (Mt) of the steel-making material in the quarter ended Sept. 30.
– Australia’s Fortescue Metals Group posted a 5% rise in first-quarter iron ore shipments on Thursday, as demand in China for the steelmaking ingredient remained robust. The world’s fourth-largest iron ore miner said it shipped 44.3 million tons of the steel-making material in the quarter ended Sept. 30, compared with 42.2 million tons a year earlier, and in line with UBS estimates of 44.1 million tons, reports Reuters.
Source: https://www.reuters.com/article/fortescue-output/fortescue-metals-quarterly-iron-ore-shipments-rise-5-idUSL4N2HJ48T