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Fortescue Investing $8.4B to Expand Iron Ore Production

Andrew Topf | January 11, 2011 | 12:37 pm Australia Iron Ore 

Fortescue Metals has approved capital expenditures totaling $8.4 billion to expand its iron ore production in Western Australia from 55 million to 155 million mt/y over a period of 30 months. The expansion and spending are divided into three work...

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