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FMG flags huge dividend as high-grade strategy struggles – The Australian Financial Review

Fortescue will pay another huge dividend as it pumps large sums into its clean energy subsidiary and struggles to make a switch…

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Fortescue listed some research initiatives investigated by the subsidiary, known as FFI, over the past year at a cost of $US120 million.
Fortescue did not explicitly detail what FFI would spend up to $US600 million on in the year ahead, aside from saying…

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