Fortescue’s Q2 iron ore shipments edge higher, maintains FY25 outlook
The uptick comes when Fortescue is making continuous efforts to boost output at the Iron Bridge project.
Commodities trader Glencore (GLEN.L: Quote) is not considering a bid for embattled miner ENRC, its chief executive said, dismissing reports of a takeover after it disappointed the market with its maiden frst-quarter results.
Shares in the world’s largest diversified commodity trader dropped 2 percent as weaker-than-expected results from its metals and mining trading unit held back its operating profit.