Fortescue Metals, the world's fourth-largest iron ore miner, expects higher annual iron ore shipments in FY24.
The company expects to ship 192-197 million metric tons of steel commodity this year, up from 192 million in 2023. The main source of shipments will be Iron Bridge, which produces 22 million metric tons of 67% magnetite concentrate annually.
Fortescue also plans to decarbonize its iron ore operations.
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