Fortescue Metals Group has ended a tough week for the iron ore sector by halving its projected capital expenditure for the 2015 financial year to $US650 million, in response to the continued weakening of the iron ore price.
28/11/2014 - 15:25
Fortescue halves investment spend
28/11/2014 - 15:25
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Rank Company Revenue 2nd Fortescue $25,526.4m 4th Mineral Resources $4,918.6m 5th Northern Star Resources $4,581.9m 6th Pilbara Minerals $4,063.9m 604 listed resources wa companies ranked by revenue.
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