Shares of Australia's Fortescue slipped on Thursday to a one-week low as it posted a marginal rise in its second-quarter iron-ore shipments, largely in line with market expectations for the period.
Negotiations for the sale of Brazilian iron ore mining company Bahia Mineração (Bamin) are progressing with an increasing chance of a deal being concluded this half, a source involved in the talks told BNamericas on condition of anonymity.
In December last year, iron ore shipments from Australia's Port Hedland decreased by 2.3 percent month on month and by 4.5 percent year on year, totaling 47,613,601 mt.