Fortescue Metals Group Limited
(ASX:FMG) has refuted a report claiming the mining company has postponed loading iron ore term cargoes.
A Platts article claimed on Monday Fortescue deferred loading some long-term contractual cargoes due to problems with equipment.
Fortescue says it is not experiencing any unusual or extraordinary operational delays but rather setting new production records and selling all of its ore.
The company advises it occasionally changes scheduled shipments to accommodate changes in customer requirements of production sequencing.
Fortescue also yesterday appointed David Woodall as its director of operations from next week.
Fortescue Metals posted a net profit of $1.5 billion in the 2012 financial year.
