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Fortescue can still make profits at US$70/t, new CEO says

Andrew Topf | July 26, 2011 | 2:49 am Australia China Europe Iron Ore 

The bubble that is keeping iron ore prices at historic highs may be about to burst, and when it does, iron ore giant Fortescue Minerals will still be making money, the company's new CEO predicts. Neville Power, who recently took...

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