FORTESCUE Metals has reaffirmed its full-year production guidance and says it is well-placed to withstand further volatility within the iron ore space on the back of a strong September quarter.
In the quarter, Fortescue’s (FMG) total ore shipped was 41.5 million tonnes, a new record, and a 60 per cent improvement on the previous corresponding quarter’s 25.9 million tonnes.
In the same period, Fortescue mined 42.9 million tonnes of ore, a 23 per cent improvement on the 34.9 million tonnes of ore mined in the September quarter last year.
Source: The Australian
- metaljunction »
- Metal News
Metal News & Events
METALJUNCTION PUBLICATIONS
Coal Insights (English) Monthly
![Steel Insights](/assets/images/news/coal-insights.jpg)
Coal Insights is a ready reckoner for anyone associated with coal. This publication is aimed at tracking everything related to coal in India.
India Coal Market Watch(English) Monthly
![Steel Insights](/assets/images/news/ICMW_Jan09.gif)
ICMW is a one-stop source for all news, data and research pertaining to coal demand, consumption, stocks, spot- and long-term prices with respect to the Indian Market.
India Steel Market Watch (English) Monthly
![Steel Insights](/assets/images/news/ISMW.gif)
ISMW is a brand new high-end steel market report, covering all aspects of the steel industry in India.
Steel Insights(English) Monthly
![Steel Insights](/assets/images/news/SteelInsights.jpg)
Steel Insights delves into various facets of the domestic and global steel industry such as market fundamentals, raw material price trends, price forecasts etc.