FMG 2.07% $21.26 fortescue ltd

I came across the below as well but no other site has verified...

  1. 5,714 Posts.
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    I came across the below as well but no other site has verified this.

    With regards to the fire and also partial ops resuming at Dampier, it is unacceptable that this was allegedly verified by email to Mysteel (according to link I posted) but it hasn’t been confirmed to the market. The article says only partial operations have resumed so it is unknown how long before full ops resume.

    The share price of Rio has reacted to this as it was up more than 1% at one stage before turning flat. I would be livid if I were a shareholder of Rio and not knowing why Rio has dropped while FMG has held its ground.

    https://m.benzinga.com/article/1349...au/&utm_source=https://www.google.com.au/

    We understand that the port operator at Port Walcott/Cape Lambert is warning that vessels will be loaded sporadically over the next few days until both the cyclone and tropical low disappear. So, at the very least, the international dry bulk market should expect disruptions from Port Walcott.

    One executive speculated to FreightWaves that it's likely the operator of Port Walcott, Rio Tinto, will finish off loading ships that are already present at the port but the executive thought that the operator will probably not accept new vessels.
 
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