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Iron ore giant Fortescue posts cash on hand of $6.9B on record shipments and revenue

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Kitco News

(Kitco News) – Fortescue said that strong free cashflow generation contributed to cash on hand of US$6.9 billion and net cash of US$2.7 billion at 30 June 2021, compared to net debt of US$1.0 billion at 31 March 2021.

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