Tag: capacity

Mining & Resources

Fortescue triples half-year profits

Fortescue Metals has announced record half-year profit results, claiming cost-cutting measures and expansion plans have helped boost performance. The group saw its earnings after expenses more than triple, climbing from US$478 million (AUD$532 million) in the six months to December 2012 to US$1.7 billion at the end of 2013. Year on year, the company also…

26 Feb 2014, by Informa Insights