Browsing Tag
China Mineral Resources Group
7 posts
Fortescue iron ore sales trail shipments by 3.9Mt as China CMRG dispute threatens production
Fortescue has reported lower iron ore shipments, rising operating costs and a widening gap between shipments and sales as negotiations with China Mineral Resources Group continue, raising the prospect of production adjustments if an agreement is not reached by year-end.
Fortescue (ASX: FMG) sales gap widens as October 22 cash-flow test looms
Fortescue shipped 46.8 million tonnes of iron ore in the September quarter but recorded only 42.9 million tonnes of sales as China Mineral Resources Group negotiations continued, pushing working capital and the balance sheet into sharper focus.
Fortescue (ASX: FMG) posts record FY26 shipments as higher costs weigh on dividend outlook
Fortescue shipped a record 201.3Mt in FY26, but a 23% lower final dividend and sharply higher FY27 costs put margins and cash flow in focus.
Fortescue (ASX: FMG) shares fall as $525m Iron Bridge impairment overshadows record shipments
Fortescue shipped a record 201.3 million tonnes of iron ore in FY26 and strengthened its balance sheet, but another Iron Bridge impairment and sharply higher FY27 cost guidance have complicated the outlook.
Can Cargill’s metals exit give Macquarie a bigger role in iron ore trading?
Cargill may sell its metals unit to Macquarie as China’s steel slowdown reshapes commodity trading. See why the deal matters.
BHP stock up 60% YoY as copper upgrade and $4.8bn capital recycling reinforce balance sheet ahead of Brandon Craig CEO transition
BHP Group upgrades FY26 copper guidance, banks US$4.8bn in asset sales and files Escondida New Concentrator permit. What it means for investors and the copper market.
BHP faces up to US$2bn revenue risk as China’s state buyer widens iron ore embargo to core Pilbara grades
China's state iron ore buyer widens purchase restrictions on BHP's flagship Pilbara products as a six-month contract standoff deepens. Read what this means for markets.