iron ore market

Fortescue Powers Ahead with Record Ore Exports Despite Hydrogen Setbacks, Boasts $4.3 Billion Cash Buffer Fortescue Metals Group (FMG), one of the world’s top iron ore producers, has reaffirmed its financial and operational strength with…

In a dramatic consolidation of power within China’s commodity trade, a Chinese government-run trading company — established just three years ago — has swiftly become the single largest player in the country’s $130 billion iron ore import…