Tag: FMG quarterly result
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Australia: FMG’s iron ore shipments rise, production falls in CY22
Australia’s leading miner, Fortescue Metals Group (FMG), has released its operational results for the December quarter. Iron ore shipments in the Calendar year 2022 (CY22) were recorded at 192.9 million tonnes (mnt), up by 4.4% y-o-y compared to 184.7 mnt in CY21. Iron ore export to China increased in CY22 due to low grade iron…