Articles Tagged "fortescue metals group"

Big Iron Ore Producers Debate Supply-Demand Balance

Iron – Industry giants' battle over the iron ore supply-demand balance continued this week. The most recent development came when Rio Tinto CEO Sam Walsh described the idea of boosting prices via a production cap "hare brained."

Downer EDI to Recruit Workers from Macmahon for Christmas Creek Mine

Iron – The Sydney Morning Herald reported that Downer EDI (ASX:DOW) plans to recruit 400 workers from its rival Macmahon Holdings (ASX:MAH) when it begins an expanded mining services contract in April at Christmas Creek iron mine, which is owned by Fortescue Metals Group (ASX:FMG).