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Macro Finance

Fortescue Says Dispute With China’s CMRG Hits Iron Ore Sales

Bloomberg Markets·October 7, 2026·1 min read

Iron ore miner Fortescue Ltd. reported lower sales as a standoff with state-backed buyer China Mineral Resources Group Co. over long-term supply contracts and price negotiations drags on. The dispute continues to impact Fortescue's revenue, with no resolution in sight.

Read at Bloomberg Markets
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