Tag: FY26 shipment guidance
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Australia: FMG’s iron ore output grows 16% q-o-q in Q2CY’25
Iron ore shipments rise 20% q-o-q in Q2CY’25 Full-year shipment guidance set at 195-205 mnt Fortescue Metals Group (FMG), Australia’s leading miner, has released its operational results for April-June 2025 (Q2CY’25). Iron ore production during this quarter stood at 64.3 million tonnes (mnt), higher by 16% compared to 55.5 mnt in Q1CY’25. Meanwhile, on a…