Finance2 sources

Fortescue warns of production slowdown without China deal

  • Fortescue, an Australian iron ore miner, warns of potential production slowdown without a deal with China Mineral Resources Group.
  • The standoff with the state-backed buyer could impact Fortescue's full-year profit.
  • Shares of Fortescue dropped more than 4% following the warning.
  • Operations 'may be affected' by the unresolved talks with China Mineral Resources Group.
  • The company is in negotiations with a state-backed commodities buyer.
Fortescue warns of production slowdown without China deal | Split Angle