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FMG shares break $20 on fresh iron ore high

Underwhelming Vale guidance good for Pilbara rivals

Kristie Batten

The Brazilian major cut its 2020 guidance overnight from "at least" 310 million tonnes to 300-305Mt. Guidance for 2021 of 315-335Mt was below analysts' forecasts of 340-350Mt. The news came as the...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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