Fortescue Metals third quarter iron ore shipments flat

Kitco Media
By Reuters
Published:
Updated:
Reuters
April 24 (Reuters) - Australia's Fortescue Metals Group on Monday posted third-quarter iron ore shipments that were little changed from the prior year period, amid a slight drop in mined ore during the period. The world's fourth-largest iron ore miner said it shipped 46.3 million tonnes of the steel-making commodity in the three months ended in March 2023, higher than the 45.7 million tonnes estimated by Barrenjoey and compared with 46.5 million tonnes a year earlier. (Reporting by Savyata Mishra in Bengaluru)

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