Fortescue Reports 6% Fall in Quarterly Iron Ore Shipments
Fortescue said first-quarter iron ore shipments fell 6%, citing maintenance that included scheduled port outload shutdowns.
Fortescue ASX:FMG, Australia's third-largest miner, posted a 6% decline in first-quarter iron ore shipments on Thursday due to maintenance activity including scheduled port outload shutdowns, underlining a hit to its business from protracted supply talks with China's state buyer.The Perth-based min…