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Fortescue revenue headed for five year high

Peter Ker
Peter KerResources reporter
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Fortescue Metals Group is on track to report its highest revenue in five years, after confirming a 48 per cent rise in received prices over the past year.

The company's best prices since 2014 are set to soothe any concerns about the first volume decline in the company's 12-year history as an exporter.

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Peter Ker covers resource companies for The Australian Financial Review, based in Melbourne. Connect with Peter on Twitter. Email Peter at pker@afr.com
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    Original URL: https://www.afr.com/companies/mining/fortescue-s-revenue-set-to-climb-highest-in-five-years-20190725-p52aju