Currently viewing Global edition

FMG's bridge to premium iron market

Fortescue Metals Group’s record US$4.74 billion profit was good enough to bottle. The worry now is whether the next vintage will be as good.

FMG's bridge to premium iron market FMG's bridge to premium iron market FMG's bridge to premium iron market FMG's bridge to premium iron market FMG's bridge to premium iron market

FMG CEO Elizabeth Gaines

The big name brokers don't think so although it has to be said there is a wide variance, as might be expected given it all depends on what iron ore price and exchange rate is plugged into their