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25 Jan

Fortescue reports higher shipments in H1 FY24

Australian miner Fortescue Metal Group (FMG) saw a rise in iron ore shipments in the second quarter of fiscal 2024. This brings its first-half shipments to the second highest H1 shipments in Fortescue's history. Kallanish learns from FMG's public report that FMG's iron ore shipments reached 48.7 million tonnes in Q2 FY24, which contributed to shipments of 94.6mt in H1 FY24. Shipments in Q2 FY24 increased by 6% quarter-on-quarter, but were down 2% from …
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