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AAP

Business

Prashant Mehra

Fortescue lifts shipments of iron ore

Fortescue iron ore Andrew Forrest

Fortescue's iron ore shipments rose four per cent in the December quarter. (Kim Christian/AAP PHOTOS) (AAP)

Mining major Fortescue Metals Group has lifted iron ore shipments in the December quarter but flagged a slight slippage in the timeline for its Iron Bridge magnetite project in Western Australia.

Australia's third biggest iron ore exporter on Friday reported shipments of 49.4 million tonnes in the December quarter, a four per cent increase from a year earlier.

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