Australian iron ore major Fortescue Metals Group (ASX: FMG) said on Friday it would re-evaluate an expansion plan at one of its iron ore mines in the Pilbara region, after an Indigenous group said the project threatened sacred sites, including a 60,000-year-old rock shelter.
News ID: 9811 Publish Date : 2020/08/09
Fortescue Metals ASX: (FMG) has upgraded its guidance for 2020 iron ore shipments to 175-177 million tonnes, based on strong operating performance year-to-date.
News ID: 9320 Publish Date : 2020/04/30
Australia’s iron ore giants are looking to reduce the threat to their operations from a coronavirus pandemic, by pushing workers to spend weeks on site away from families and relocate from the eastern seaboard, company and union officials said on Friday.
News ID: 8892 Publish Date : 2020/03/28
Seaborne lump prices have fallen sharply after hitting a peak in late January, as steel mills have stepped up purchases of non-premium medium-grade and low-grade lump cargoes and pellet as direct-charge feedstock for their blast furnaces.
News ID: 3709 Publish Date : 2019/02/23
Australian iron ore producer Fortescue Metals has further narrowed discounts on its major products for February delivery, as demand for low-grade ores continues to be strong in the Chinese market.
News ID: 3274 Publish Date : 2019/01/15
Chinese steel mills are cutting back on purchase of premium mainstream medium and higher grade fines and lump, seeking to increase the proportion of lower priced ores in the furnace burden amid a sharp fall in profit margins.
News ID: 2697 Publish Date : 2018/11/23
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