CAPITAL MARKETS

2010 still the target for expansion: FMG

FORTESCUE Metals Group still plans to reach its scaled-back 80 million tonne per annum iron ore production rate in the first half of 2010, but the company has admitted the changing conditions in China have taken their toll.

Kate Haycock

2010 still the target for expansion: FMG

Speaking today at the Metals Bulletin Iron Ore Conference in Perth, FMG executive director Graham Rowley said the company was anticipating a turnaround in iron ore demand next year and still expected to...

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