Tag: FMG iron ore production
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Australia: FMG Iron Ore Production Down by 12% in Q3 FY’18
Fortescue Metals Group – world’s 4th largest iron ore producer, recorded a decline in iron ore production for Q3 FY’18. The mined ore production for the quarter ended Mar’18 was recorded at 41.6 MnT, down 12% Q-o-Q as against 47.5 MnT in Q2 FY’18. On yearly basis, production volume decreased by 7% in Q3 FY’18…