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Fortescue profit nosedives

Andrew Forrest fires few more shots at main rivals BHP Billiton and Rio Tinto

Mining Journal

The world’s fourth-largest iron ore producer shipped 165.4 million tonnes of iron ore in 2014-15. The total delivered cost to customers decreased 27% to US$38/t (wet) or $42/t, inclusive of the $27/t (wet)...

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