Iron Investing News » Australia’s Fortescue has cut iron ore sales target by 15%

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

April 29, 2009 @ 10:35 am In Iron Company News

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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[1] here: http://uk.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUKSYD47674020090429