CAPITAL MARKETS

FMG tips more price rises

FORTESCUE Metals Group believes that by the time its Chichester Range project starts producing in early 2008, iron ore prices will have rise even further than the 19% increase won this week by CVRD from Germany’s biggest steelmaker Thyssen Krupp AG.

Michael Vaughan
FMG tips more price rises

Speaking the day after news broke of the CVRD-Thyssen Krupp deal, FMG head of government relations and special projects Julian Tapp told MiningNews.net he believed there would be further rises over the...

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