Australia’s Fortescue has cut iron ore sales target by 15%

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Wed, Apr 29, 2009
Iron Company News
Post by Melissa Pistilli, Iron Senior Reporter

Australia’s Fortescue Metals Group has cut its full-year sales forecast by 15 percent to 26 million tonnes on Wednesday, following heavy rains in the March quarter, the second iron ore miner to signal lower output  this week.

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