Monday 8 June 2015

Otmane El Rhazi : Fortescue mum on asset sale speculation

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Iron-ore major Fortescue Metals has refused to comment on speculation that the company was considering the sale of interests in some of its Pilbara assets to Chinese and Japanese firms. Newswire Bloomberg at the end of last week reported that Fortescue had held discussions regarding an interest sale with a number of potential Asian investors, including Chinese State-owned steel and iron-ore group Baosteel.

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