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FMG ups capex

Capex more than double what it was in previous year.

Noel Dyson
The FMG Nicola is one of the four ore carriers the company had delivered in the 2016-17 financial year.

The FMG Nicola is one of the four ore carriers the company had delivered in the 2016-17 financial year.

FMG’s capital expenditure for the year was US$716 ($A903.5) billion, up considerably on the $304 million it spent in FY16. Sustaining capital was $354 million, more than the company spent in capex in...

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