Tag: FMG iron ore
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Australia: FMG raises iron ore shipment guidance for FY’21
World’s fourth-largest iron ore miner – Fortescue Metals Group has increased the iron ore shipment guidance to 178-182 mn t for fiscal FY’21 (July 20-June’21) as against 175-180 mn t announced previously. The increase is based on strong first-half performance and continued focus on debottlenecking to optimize capacity, the company highlighted in its recent press…