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Fortescue Metals first-quarter iron ore shipments rise over 4%

Fortescue Metals first-quarter iron ore shipments rise over 4%

[html](Reuters) – Australia’s Fortescue Metals Group on Thursday reported a 4.2% rise in iron ore shipments for the first quarter, boosted by…
                              

(Reuters) –     Australia’s Fortescue Metals Group on Thursday reported a 4.2% rise in iron ore shipments for the first quarter, boosted by higher production from its key operations in Western Australia.


The world’s fourth-largest iron ore miner said it shipped 47.5 million tonnes (mt) of the steel-making co*modity in the quarter ended Sept. 30, co*pared with 45.6 mt a year earlier.



(Reporting by Jaskiran Singh in Bengaluru; Editing by Shinjini Ganguli)


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