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FMG ready to fire back in iron ore war of the words

SHARP criticism from Cleveland-Cliffs CEO Lourenco Goncalves of his Australian rivals might be met with a return salvo tomorrow when one of his targets, Fortescue Metals Group, files its June quarter production report.

Tim Treadgold
Andrew Forrest (right) could land a few blows this week after Lourenco Goncalves poked some jabs at FMG's long-term profitability last week

Andrew Forrest (right) could land a few blows this week after Lourenco Goncalves poked some jabs at FMG's long-term profitability last week

Goncalves has never been known to pull his punches, but neither has Fortescue's chairman and one-time keen amateur boxer, Andrew Forrest. Whether the criticism of the company he founded will be enough...

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