RIO hands market share to FMG
It’s an upside world sometimes, via UBS: The Big 4 export 65.3Mt in June and 795Mt for FY 17 Initial data from Marine Traffic shows Australia’s big 4 (BHP, RIO, FMG & Roy Hill) shipped ~65.3Mt for June 2017, down 6% m/m & down 2% y/y.