FMG 1.20% $21.41 fortescue ltd

A company that is levered exposure to iron ore is always gonna...

  1. 725 Posts.
    lightbulb Created with Sketch. 31
    A company that is levered exposure to iron ore is always gonna cop a beating when the price at the port loses 4% in one day yesterday.

    The news of Vale firing up processing again also has an impact to the sector's supply squeeze.
 
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