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Fortescue upbeat on iron market

WHILE Fortescue Metals Group has endured a painful few months, the company is confident of the spot price of iron ore returning to $US120 per tonne as a result of economic policy measures in China coming into place early next year.

Lauren Barrett
Fortescue upbeat on iron market

Speaking to journalists on a teleconference this morning following the release of its quarterly results, Fortescue chief executive Nev Power described the September quarter, which saw the price of iron...

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