FMG reaches net cash after record quarter

FORTESCUE Metals Group has upgraded its 2020 financial year guidance after a record quarter.

FMG reaches net cash after record quarter FMG reaches net cash after record quarter FMG reaches net cash after record quarter FMG reaches net cash after record quarter FMG reaches net cash after record quarter

March quarter iron ore shipments of 42.3 million tonnes was a record, and 10% higher than the same quarter of last year, despite weather interruptions.