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T155 recovers from its stumble

IN PART two of the story started on Friday, Fortescue Metals Group recovers from a rapid downturn in the iron ore price to get its T155 project back on track and completed.

Noel Dyson
Just as its T155 project got back on track, FMG's port plans hit a hitch.

Just as its T155 project got back on track, FMG's port plans hit a hitch.

As the T155 project progressed things were looking good. The project was starting to take shape and the iron ore price was going along nicely at $130 per tonne. Then, in 2012, it fell to $80/t. "At...

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