The poster child for the China-led mining craze of the past decade, Fortescue tumbles again...

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

The poster child for the China-led mining craze of the past decade, Fortescue tumbles again (-4.8%) in Sydney, now off 30% in less than a month as the reality of something less than boom times catches up. The company's recently announced capital spending cuts leaves creditors wondering how Fortescue will increase production enough to make its nut. Iron ore prices continue lower.