Debt burden weighs on major miners
The poor outlook for the iron ore price may cause some big players to question the wisdom of past decisions.
UNTIL recently, it was impossible to imagine Fortescue Metals Group boss Andrew Forrest and BHP Billiton chief executive Marius Kloppers agreeing on anything; but today, with the iron ore price down sharply, they have something in common to talk about – their reputations.
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