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AUSTRALIA'S FORTESCUE RENEGOTIATES RAIL BUILDING CONTRACT.
SYDNEY, June 1 Asia Pulse - Fortescue Metals Group Ltd (ASX:FMG) has agreed to replace an agreement with BGC Contracting Ltd to allow it to appoint more contractors to construct the railway to take its ore to the port at Anderson Point.
Fortescue said the change to the agreement was negotiated by its wholly-owned subsidiary, The Pilbara Infrastructure Pty Ltd, and would help it meet shipping deadlines.
"The restructured agreement provides ...
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Source: HighBeam Research, AUSTRALIA'S FORTESCUE RENEGOTIATES RAIL BUILDING CONTRACT.