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Costs keep falling for FMG

FORTESCUE Metals Group has continued to cut costs as weak iron ore prices weigh on its bottom line.

Andrew Duffy
Costs keep falling for FMG

The Pilbara miner posted a profit of $US319 million ($A443 million) for the six months to December, with the figure down 4% on the same time last year. Revenue fell 31% to $3.3 billion, but a focus on...

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