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Iron ore price not the full story of Fortescue’s defining quarter

Iron ore price not the full story of Fortescue’s defining quarter


News is brought to you by Mr. Shailesh Karia


Published on date 30th April 2021.


As Fortescue Metals Group chief executive Elizabeth Gaines brought the curtain down on the March quarter on Thursday, most eyes were fixed on the white-hot iron ore price.


 


And why not? With iron ore sitting at a record $US193 a tonne, and seemingly headed to the psychological barrier of $US200 a tonne, it’s hard to think about much else.


 


Source : https://www.afr.com/


 





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