WHILE it was expanding its business almost 200%, Fortescue Metals Group was in the throes of dealing with debt that had blown out to about $12.5 billion, and that was actually one of its strengths.
Debt was a key part of getting the T155 expansion project going and done as quickly as it was.
That debt is also widely hailed as the success of the company, which just turned 15, and its expansion to 155 million tonnes per annum. Perth Airport chairman and former FMG CEO Nev Power said without...
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