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18 Aug
01:00

FMG stokes buy-in rumours

Australia’s FMG said on Tuesday that it open to regular talks with several groups over investments at the “mining asset level.” The comment followed persistent reports that Chinese companies are interested in buying stakes in FMGs infrastructure or mining assets but an imminent deal could be difficult, Kallanish notes. China’s Hebei Iron and Steel (Hegang) and Tewoo Group were reported as interested in the assets earlier this month an…
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