EconomyAustralia’s Fortescue reports 6% drop in quarterly iron ore shipments
Fortescue, Australia’s third-largest miner, said first-quarter iron ore shipments fell 6%, citing maintenance that included scheduled shutdowns of port loading. The decline also underscored the impact on its business of protracted supply talks with China’s state buyer.
Australia’s Fortescue reports 6% drop in quarterly iron ore shipments
