Sunday, August 21, 2016

REFILE-UPDATE 2-Iron ore miner Fortescue eyes dividend rise as profit leaps

SYDNEY, Aug 22 (Reuters) - Australia's Fortescue Metals

Group Ltd, the world No. 4 iron ore producer, reported

a tripling of its annual net profit on Monday to nearly $1

billion and said it could shoulder a big jump in future dividend

payouts.

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