Portman's earnings, profits jump on iron ore prices

IRON ore miner Portman’s second quarter earnings jumped 320% compared to the same period last year, thanks to the record iron ore price rises this year.

Portman's earnings, profits jump on iron ore prices Portman's earnings, profits jump on iron ore prices Portman's earnings, profits jump on iron ore prices Portman's earnings, profits jump on iron ore prices Portman's earnings, profits jump on iron ore prices

The miner, now Australia’s fourth-largest iron ore miner after the ascension of Fortescue Metals Group, reported earnings of $119.3 million for the second quarter of the year.

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