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Record year for Portman

TAKEOVER target Portman Mining today announced an increase of 94% in its full-year net profit to $32.8 million on the back of record iron ore sales of 5.4 million tonnes and record prices.

Jesse Riseborough
Record year for Portman

Portman said the profit result reflected a combination of solid production from its Koolyanobbing iron ore project in Western Austrlian and significant increases in the iron ore price over the past year....

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