Iron ore price weighs down Fortescue in 2014

The sliding price of iron ore is highly visible in Fortescue's 2014 annual report. The company is now directly aiming for cost reductions in 2015.

The Australian mining giant Fortescue has published an annual report for 2014 which shows that the company managed to ship increasing volumes, strengthen mining activity and become stronger in production. Activity was high overall, but this was still not visible on the company's bottom line.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
Must contain at least 6 characters
Must contain at least 2 characters
Must contain at least 2 characters

Get full access for you and your coworkers

Start a free company trial today

Share article

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Newsletter terms

Front page now

Further reading