Tag: FMG quarterly results
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FMG: Iron Ore Production in Sept Quarter Hit Highest in last Five Quarters
Fortescue Metals Group – world’s 4th largest iron ore producer, recorded mined ore production at 51.9 MnT in Q1 FY19, up 14% as against 45.7 MnT in Q1 FY18. The production for the quarter ending Sep’18 hit highest since Q1 FY18. On quarterly basis, the production volume increased 4% in Q1 FY19 as against 49.8…