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25 Apr
02:03

Mount Gibson achieves quarterly ore sales of $84.5m

Australian iron ore producer Mount Gibson Iron has achieved quarterly ore sales of AUD 130 million ($84.5m) fob, reflecting an average realised fines price of $124/tonne fob, Kallanish notes. The firm says in a statement that the quarterly sales has taken ore sales revenue for the nine month period ended 31 March 2024 to AUD 566 million fob. That reflects an average realised fines price of $118/t fob. Based on prevailing spot iron ore prices, the firm antic…
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