Jan 22 (Reuters) - Australia's Fortescue posted a 2% rise in second-quarter iron ore shipments on Thursday, supported by the ...
Rio Tinto reported a 7% rise in its fourth-quarter iron ore shipments on Wednesday, aided by record quarterly production ...
On the surface, Fortescue looks like a great investment with a strong balance sheet and a five-year average earnings yield of around 20%. However, Fortescue’s main low-grade iron ore product generates ...
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