Perhaps this is the reason for today's rise.
Dec. 13 (Bloomberg) -- Fortescue Metals Group Ltd., aiming to become Australia's third biggest iron ore producer, is seeking at least $1 billion in loans from Chinese banks to fund expansion, said two bankers involved in the talks...
http://www.bloomberg.com/apps/news?pid=20601081&sid=ayAupLHuRDyE&refer=australia
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fortesque seeks 1b to expand
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