Miner Fortescue’s Profit Falls as China Challenges Persist
Fortescue Ltd.’s full-year profit fell despite buoyant iron ore prices as China’s property slowdown and negotiations with the country’s state-backed buyer persisted.
By Paul-Alain Hunt · Bloomberg Markets
Fortescue Ltd.’s full-year profit fell despite buoyant iron ore prices as China’s property slowdown and negotiations with the country’s state-backed buyer persisted.