NEWS and REPORTS => World News => Topic started by: Topix on Aug 22, 2011, 09:02 AM
Title: Fortescue profit jumps 76% on higher prices
Post by: Topix on Aug 22, 2011, 09:02 AM
Fortescue Metals Group, the iron-ore miner controlled by billionaire Andrew ''Twiggy'' Forrest, reported a leap in full-year net profit of $US1.022 billion on higher iron ore prices, broadly inline with analysts' expectations.