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Kings deposit back on the cards for FMG

THE recovery in iron ore prices has prompted Fortescue Metals Group to fast-track the resumption of development of the deferred Kings deposit in the Pilbara, Western Australia.

Kristie Batten
Kings deposit back on the cards for FMG

Development at Kings was halted in early September due to a slump in iron ore prices over July and August to a low of $US86.70 per tonne. Prices have steadily recovered and the last price was $135.40/t....

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