---
title: "Fortescue iron ore cargoes held up as talks with China stall - Bloomberg"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/290994353.md"
description: "Fortescue's iron ore cargoes destined for China are delayed as negotiations with state-backed buyer China Minerals Resources Group (CMRG) remain deadlocked. Short-term agreements expire at the end of June, causing uncertainty and prompting some steelmakers to seek alternatives, which has pushed prices higher. This impasse follows a similar standoff between BHP and CMRG earlier this year."
datetime: "2026-06-26T17:30:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/290994353.md)
  - [en](https://longbridge.com/en/news/290994353.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/290994353.md)
---

# Fortescue iron ore cargoes held up as talks with China stall - Bloomberg


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