July 27 (Reuters) - Fortescue Metals Group (FMG) on Thursday forecast higher iron ore shipments for fiscal 2024, encouraged by strength across its key operations in Western Australia.
The world's fourth-largest iron ore miner expects to ship between 192 million metric tonnes (Mt) and 197 Mt of the steel-making commodity in the year, up from 192 Mt shipped in fiscal 2023.
That compares with a Goldman Sachs estimate for shipments of 199 Mt in fiscal 2024.
News: RIO Australia's Fortescue Metals forecasts higher iron ore shipments for FY24
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