Fortescue's preliminary Q1 iron ore shipments fall about 6%
07/10/2026 23:16
Fortescue's preliminary Q1 iron ore shipments fall about 6% Oct 8 (Reuters) - Australia's Fortescue FMG.AX said on Thursday in a preliminary quarterly update that its first-quarter iron ore shipments fell near 6% from a year earlier, due to maintenance activity including scheduled port outload shutdowns.
Total iron ore shipments were 46.8 million metric tonnes (mt) in the September quarter on a preliminary basis, compared with 49.7 million tonnes reported a year earlier.
(Reporting by Roshan Thomas in Bengaluru; Editing by Anil D'Silva)
Recent news on Fortescue
See all newsJefferies cuts PT on Australia's Fortescue amid CMRG negotiations hurdle
Australian shares slip as Fortescue, Santos drag; banks rise
Australian miners hit a three-month low on softer copper prices
Australia's Fortescue slumps as CMRG contract talks risk operations
Australia's Fortescue warns of possible operations hit as China state buyer talks rumble on (updated)