Author: Nidhi Awasthi

Fortescue Metals Group (FMG), Australia’s leading miner, has released its operational results for the March quarter. Iron ore shipments in the first quarter of calendar year 2024 (Q1CY’24) were recorded at 43.3 million tonnes (mnt), down by 6% y-o-y compared to 46.3 mnt in Q1CY23. Meanwhile, on a quarterly basis, shipments fell by 11% as…