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"Moody's [has] formally acknowledged Fortescue's cost performance and the continued execution of our debt reduction strategies"

Chris Cann
FMG's Pilbara iron ore operations have become impressively streamlined in 2016

FMG's Pilbara iron ore operations have become impressively streamlined in 2016

The Australia-focused group has dragged down its costs beyond all expectations and, with the iron ore price also outperforming consensus in 2016, the company has been able to pay down debt and increase...

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