Tag: FMG iron ore production

Australia’s leading miner, Fortescue Metals Group (FMG), released its operational results for March 2022 quarter today. Iron ore shipments in Q1CY22 were recorded at 46.5 million tonnes (mnt), inching down by 2% q-o-q compared to 47.5 mnt in Q4CY21. However, on a yearly basis, the shipments rose by 10% as against 42.3 mnt in Q1CY21.…