Fortescue beats shipment records, sets new price for Eliwana

Iron-ore major Fortescue Metals has reported record shipments during the fourth quarter ended June, with 47.3-million tonnes shipped in the three months under review, and 178.2-million tonnes in the full year to June.

“The entire Fortescue team has delivered strong results for the June quarter, achieving our lowest total recordable injury frequency rate safety performance of 2.4, as well as record quarterly shipments,” said CEO Elizabeth Gaines.