CAPITAL MARKETS

FMG posts record December half production

FORTESCUE Metals Group has reported falls in revenue and profitability for the six months to December 31, but the company said it smashed its operational records as it enters what it calls one of its most substantial growth periods.

FMG posts record December half production

Executive chair Dr Andrew Forrest said with the 22 million tonnes per annum, US$3.9 billion Iron Bridge starting up in Western Australia, the likelihood of its first shipment out of Gabon this year, and...

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