KGB Interview: Fortescue's Nev Power

Fortescue chief executive Nev Power explains what's driving current conditions in the iron ore market and why it's so important to develop domestic gas supply.

Fortescue Metals chief executive Nev Power tells Business Spectator's Alan Kohler, Robert Gottliebsen and Stephen Bartholomeusz:

-- A muted supply response is driving current conditions in the iron ore market

-- Cost disadvantages sustained through subsidised iron ore production in China could result in a large portion of that country's iron miners shutting down

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