Fortescue lifts Q4 production

Fortescue Metals Group has increased production in the June quarter and achieved a record run rate in the month of June, although its prices fell amid a broader slump in the iron ore price.

Fortescue Metals Group has increased production in the June quarter and achieved a record run rate in the month of June, although its prices fell amid a broader slump in the iron ore price.

The group shipped 38.7 million tonnes in the June quarter, compared with 25 million tonnes in the June 2013 quarter. 

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