Tag: FMG quarterly result
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Australia: FMG’s iron ore shipments fall 4% on-quarter in Q3CY’22; guidance intact
Australia’s leading miner, Fortescue Metals Group (FMG), has released its operational results for the September quarter. Iron ore shipments in Q3CY’22 were recorded at 47.5 million tonnes (mnt), down by 4% q-o-q compared to 49.5 mnt in Q2CY22. However, on a yearly basis, shipments rose by 4% y-o-y as against 45.6 mnt in Q3CY’21. Iron…