FMG exports soar but margins shrink

FORTESCUE Metals Group exported a record level of iron ore shipments during the second quarter, maintaining guidance, and said it was confident iron ore prices would remain at higher levels for some time.

FMG exports soar but margins shrink FMG exports soar but margins shrink FMG exports soar but margins shrink FMG exports soar but margins shrink FMG exports soar but margins shrink

 

Over the December quarter FMG mined, processed, hauled, and exported 47.5 million tonnes of iron ore, taking total shipments to 93.1Mt for the first half of the financial year.

 

 

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