Tag: FMG quarterly results

FMG: Iron ore shipments up 6%; increases guidance for FY’21

Jul 30, 2020

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by

Monika Bajaj

in Fines/Lumps

Fortescue Metals Group – world’s 4th largest iron ore producer witnessed 6% rise in iron ore shipment to 89.6 mn t in H1CY’20, as against 84.9 mn t in H1 CY’19 on strong demand from China as well as other markets. On a quarterly basis too, the miner recorded a rise in shipment to 47.3…