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AusBN | Australian Business Network | Fortescue Metals Group

Fortescue Metals Group Tag

Australian mining billionaire and philanthropist Andrew Forrest has acquired an additional 22 million shares in iron ore giant Fortescue Metals Group, taking his personal ownership in the company he founded to 35.3%. Forrest paid AUS$243 million for the shares and now owns over 1.112 billion shares...