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FMG breaks China impasse

The Australian | 99 days 15 hours 45 minutes ago

ANDREW Forrest's Fortescue Metals Group has delivered another blow to the ailing benchmark iron ore pricing system, offering to sell the commodity......

Read the complete story at The Australian

Web Buzz:
  • Spot pricing better, says exec

    The Australian - 100 days 15 hours 45 minutes ago

    A MORE transparent pricing mechanism for iron ore would protect buyers and sellers from secrecy-related problems, the world's biggest mining...

  • China seals cheaper iron ore deal

    Financial Times - 99 days 18 hours 22 minutes ago

    China on Monday said it had secured a six-month iron ore supply contract with Australia’s Fortescue Metals at a price slightly lower than those...

  • China saves face with cheaper iron ore deal

    Financial Times - 99 days 17 hours 51 minutes ago

    China on Monday said it had secured a six-month iron ore supply contract with Australia’s Fortescue Metals at a price slightly lower than those...

  • Australia in iron ore price deal

    BBC - 99 days 15 hours 7 minutes ago

    Australia's Fortescue Metals has sealed a deal to supply iron ore at discount prices in China, in return for $6bn (£3.6bn) in financing. The...

 

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