Aussie miner Fortescue begs to differ (previous), CEO Nev Power saying metal oversupply and low...

|About: Fortescue Metals Group Ltd (FSUMF)|By:, SA News Editor

Aussie miner Fortescue begs to differ (previous), CEO Nev Power saying metal oversupply and low prices are a temporary blip. He spoke as his company reported better-than-expected H2 profits. "There is a boom and it's continuing and those volumes will continue in the future," says the always confident Power. Shares -1% in Sydney.