Fortescue iron ore shipments surge

Miner on track to meet FY production guidance of 127m tonnes.

Fortescue Metals has reaffirmed its full-year production guidance of 127 million tonnes, after increasing its total shipments of iron ore in the third quarter by 56% year-on-year.

In the three months to March, Fortescue shipped a total of 31.5 million tonnes of iron ore, compared to the 20.2 million tonnes shipped in the previous corresponding period.

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