Fortescue ore under scrutiny by China

Original article by Brad Thompson
The Australian – Page: 17 : 3-Jun-26

Fortescue will replace its 60 per cent iron West Pilbara Fines product with a new low-grade product known as Fortune Fines, which has just 55 per cent iron content. Fortescue revealed plans to sell the Fortune Fines product in October, and shipments could begin as soon as July. Fortescue has acknowledged reports that the state-backed iron ore buyer China Mineral Resources Group has told some of its steel mill customers to ask questions about the Fortune Fines product, which is aimed at prolonging the life of Fortescue’s iron ore mines in the Pilbara.

CORPORATES
FORTESCUE LIMITED – ASX FMG, CHINA MINERAL RESOURCES GROUP COMPANY LIMITED

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