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FMG eyes 80Mtpa, funded from cash flow

FORTESCUE Metals Group has reported a $A2.8 billion loss but a maiden trading profit of $72 milli...

Kate Haycock
FMG eyes 80Mtpa, funded from cash flow

The company today released its first financial results as an iron ore producer and while it still has a large black hole of outgoing costs, it also reported revenues of some $201 million. The cash flow...

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