The world’s fourth-largest iron ore producer and exporter, Fortescue Metals Group (FMG), announced 29 Jul’21 that the company had exported 49.3 mn t of iron ore in the Apr-June’21 quarter, bringing the miner’s full-year output to a better-than-expected 182.2 mn t. Exports increased as against 47.9 mn t in the corresponding quarter in 2020. Fortescue said it was targeting an even higher range of 180-185 mn t of iron ore production in 2022.
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