Rail program behind schedule: FMG

SHARES in Fortescue Metals Group have shed 6% in morning trade after the iron ore play announced the construction of its Pilbara rail program in Western Australia was behind schedule.

Rail program behind schedule: FMG Rail program behind schedule: FMG Rail program behind schedule: FMG Rail program behind schedule: FMG Rail program behind schedule: FMG

The stock fell by $1.97 to hit an intraday low of $31.06 in morning trade.

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