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FMG ready to hit back in iron ore 'brawl'

Sharp criticism from Lourenco Goncalves, chief executive of the US iron ore miner, Cleveland Cliffs, of his Australian rivals might be met with a return salvo Thursday when one of his targets, Fortescue Metals Group, files its June quarter production report.

FMG ready to hit back in iron ore 'brawl' FMG ready to hit back in iron ore 'brawl' FMG ready to hit back in iron ore 'brawl' FMG ready to hit back in iron ore 'brawl' FMG ready to hit back in iron ore 'brawl'

Andrew Forrest (right) could land a few blows this week after Lourenco Goncalves poked some jabs at FMG's long-term profitability last week

Goncalves has never been known to pull his punches, but neither has Fortescue's chairman and one-time keen amateur boxer, Andrew Forrest.