Fortescue Metals Half Year Result - FMG combats lower prices with cost cuts
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Falling iron ore prices have led to Fortescue Metals Group reporting a 31% fall in revenue to $3.3bn. Effective cost management & production consistent with full year production have been factors in helping mitigate the impact of lower prices
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CommSec is Australia's leading online broker. CommSec has been committed to providing the best in online trading since 1995. CommSec helps make informed investment decisions with comprehensive market research, free live pricing and powerful...
Expertise
No areas of expertise