i think you have mis read the article, the part of the text that you have quoted is in relation to selling a stake in FMG to a chinese entity, not production volume.
any how the important factors to take from this is that "twiggy" is testing the markets interest in aquiring in fmg, i question if "twiggy" has been testing the water for a future share issue to raise capital. though this is strongly rejected as recent readings in the australian would suggest.
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FMG
fortescue ltd
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2.49%
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$17.68

debt per share and cash on hand, page-7
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Last
$17.68 |
Change
0.430(2.49%) |
Mkt cap ! $54.52B |
Open | High | Low | Value | Volume |
$17.43 | $17.80 | $17.34 | $50.54M | 2.869M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
22 | 8456 | $17.67 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.68 | 1950 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
23 | 5629 | 17.650 |
16 | 18217 | 17.640 |
12 | 11052 | 17.630 |
12 | 16367 | 17.620 |
11 | 21392 | 17.610 |
Price($) | Vol. | No. |
---|---|---|
17.660 | 4250 | 15 |
17.670 | 8444 | 14 |
17.680 | 8291 | 9 |
17.690 | 9689 | 11 |
17.700 | 17920 | 15 |
Last trade - 11.16am 22/07/2025 (20 minute delay) ? |
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FMG (ASX) Chart |