FMG hits all-time high on another record quarter

FORTESCUE Metals Group shares reached a new record this morning after its iron ore production exceeded forecasts.

FMG hits all-time high on another record quarter FMG hits all-time high on another record quarter FMG hits all-time high on another record quarter FMG hits all-time high on another record quarter FMG hits all-time high on another record quarter

FMG CEO Elizabeth Gaines

The June quarter marked a new record for shipments of 47.3 million tonnes, 2% higher than the same quarter of 2019.

Full-year shipments were 178.