Category: Fines/Lumps

Australia: FMG’s iron ore shipments decline 6% y-o-y in Q1FY’27 amid ongoing negotiations with CMRG

Oct 22, 2026

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by

Nidhi Awasthi

in Fines/Lumps

Mine volume increases by 4% y-o-y, while processed volume declines 4% FY’27 shipment guidance remains at 197-207 mnt, subject to CMRG negotiations Fortescue Metals Group (FMG) reported total iron ore shipments of 46.8 million tonnes (mnt) in the quarter ended September 2026, i.e., Q1FY27, down 6% y-o-y from 49.7 mnt and down 11% q-o-q from…