BULKS

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.

Barry FitzGerald*
FMG CEO Elizabeth Gaines

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 earnings...

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