04/02/2009 - 22:00

FMG delivers $1bn half-year profit

04/02/2009 - 22:00

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FORTESCUE Metals Group has booked a $1.1 billion net profit in its first full half-year of mining. Although in line with previous periods, its result has more to do with accounting adjustments than mining operations. The profit for the six months ended December 31 followed a $1.06 billion loss in the previous corresponding period.

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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