Fortescue
The partnership will promote the development of green technologies and supply chains for low-carbon steel products
Sales volumes reached 47.7 million tons
Production of iron ore in the specified period amounted to 216.9 million tons
The decision worried analysts who had expected the company's restructuring to reduce capital spending
The complex was built and fully commissioned in just over two years
The question of involvement in the recovery of global financial and industrial companies was also raised
In the second quarter, the company increased shipments of raw materials by 6% q/q
It was the first time the company exported iron ore from a port outside Australia
These are two hydrogen projects and a project in the field of green steel industry
The company will no longer purchase carbon emission allowances during the current fiscal year
In the fourth quarter, this indicator fell by 1% year-on-year
In January-March 2023, iron ore production fell by 16% q/q