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04
Apr
2016
Fortescue takes over operations at Christmas CreekBy:Creamer Media Senior Deputy Editor: Australasia IRON-ORE Iron-ore major Fortescue Metals on Monday told shareholders that it would move to a full owner-operator model at its Christmas Creek operations, in an effort to cut back on costs.
CEO Nev Power noted that the change would be implemented at the end of September this year, when the current mining services contract with Downer EDI ran out.
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