Fortescue Metals’ iron ore export volumes have beaten analyst expectations yet again and the company has signalled it wants to set a fourth year of record export volumes.
The stellar performance from the flagship iron ore division came as Fortescue warned of soaring production costs and as its clean energy division ramps up spending on everything but clean energy projects.
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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
