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.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs