Fortescue Says Dispute With China’s CMRG Hits Iron Ore Sales
Iron ore miner Fortescue Ltd. said sales fell, as a standoff with state-backed buyer China Mineral Resources Group Co. over long-term supply contracts and price negotiations drags on.
By Paul-Alain Hunt · Bloomberg Markets
Iron ore miner Fortescue Ltd. said sales fell, as a standoff with state-backed buyer China Mineral Resources Group Co. over long-term supply contracts and price negotiations drags on.