Wednesday 4 February 2015

Otmane El Rhazi : US investor stakes claim in Fortescue

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.



US investment firm The Capital Group Companies has taken a 5.02% shareholding in iron-ore major Fortescue Metals, announcing on Thursday that it had paid an average price of A$2.34 a share. Fortescue shares were trading at a high of A$2.55 on Thursday.

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