Fortescue Warns Output Guidance Could Be Cut if China Talks Stall
Fortescue said it could cut annual production guidance if negotiations over iron-ore purchases with China's centralized agency are not concluded by the end of December.
By David WinningSYDNEY--Fortescue, one of the world's biggest iron-ore miners, signaled it could cut annual production guidance if negotiations with China's centralized agency for purchases of the commodity aren't concluded by the end of December.Fortescue attributed a gap between its iron ore sale…