Fortescue Sees Vale Joint Venture Completed in Near Future

Updated on
  • Much laboratory test work completed: Fortescue CEO Power
  • Producer says now sits at end of iron ore’s global cost curve

Fortescue Metals Group Ltd. is optimistic its iron ore blending project with Brazil’s Vale SA, the world’s top iron ore exporter, may be completed soon as better demand in China supports a price rally this year.

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