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FMG the next Atlas: Goncalves

OUTSPOKEN Cleveland-Cliffs CEO Lourenco Goncalves has tipped Fortescue Metals Group will come under pressure due to China’s move towards high-grade iron ore.

Lourenco Goncalves

Lourenco Goncalves

On a conference call on Friday, Goncalves said he was the first to predict China's move towards higher grade iron ore in a presentation in Perth in March 2015. "At that time, the only conversation that...

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