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    iron investing

    FMG Smashes Iron Shipment Record

    Investing News Network
    Dec. 09, 2013 10:40AM PST
    Base Metals Investing

    Australia’s Fortescue Metals Group (ASX:FMG) has broken a new record by loading its biggest-ever shipment of iron ore through Port Hedland, Australian Mining reported.

    Australia’s Fortescue Metals Group (ASX:FMG) has broken a new record by loading its biggest-ever shipment of iron ore through Port Hedland, Australian Mining reported.

    As quoted in the market news:

    Leaving Port Hedland on Thursday, the Liberian registered ship Hugo N was loaded with 263, 962 tonnes of iron ore, The Australian reported.

    Bound for China, the cargo is estimated to be worth about $35 million.

    Set in November, the previous record for largest iron ore shipment was 263,023 tonnes of product.

    Read the full article in Australian Mining

    iron investingaustraliachinaasx:fmgfortescue metals group
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