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FMG boosts bank balance

FORTESCUE Metals Group's cash balance has blown out to $US2.8 billion ($A2.9 billion), as the com...

Kristie Batten

Quarterly iron ore shipments rose 4% to 25.9 million tonnes, keeping the company on track to meet 2014 financial year guidance of 127-133Mt. C1 cash costs dropped 8% to $33.17 per wet metric tonne,...

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