FMG 3.61% $20.10 fortescue ltd

Fortescue axes leaders as Iron Bridge project blows out, page-16

  1. 3,358 Posts.
    lightbulb Created with Sketch. 1037
    yeah, you're right from what I've read too.
    I think they've said they're going to be flexible with the blending, whatever brings the most value & most demand from our customers.
    Whether they sell it at 67% or blend to bring our average closer to 62%, either way, it should be extremely profitable if the IO price stays high.
 
watchlist Created with Sketch. Add FMG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.