Subscribe to RSS feedFortescue says claims are `negotiation strategy'
The media stoush between Fortescue Metals and China Metallurgical Construction (Group) Corp took on a new dimension on Tuesday when the Australian miner rebutted strongly claims its deal with the Chinese company was not binding.
It also opened the way for rival firms to take a stake in the project.
Shares in Fortescue Metals plunged dramatically last week after China Metallurgical told the Australian Financial Review that there were preconditions in its construction agreements on...
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