FMG 0.47% $21.51 fortescue ltd

Frank.here's another bit of news for guru.(if he hasn't seen it...

  1. 960 Posts.
    Frank.

    here's another bit of news for guru.(if he hasn't seen it yet).

    .Mr Forrest said he was confident of China's demand for iron ore for the next 10 to 15 years.

    "The growth of the steel sector in Asia is not noticing the credit meltdowns" in the US and Europe, Mr Forrest said.

    One steel producer, for example, said it would take the entire supply if Fortescue expanded to 150 million tonnes a year in Chichester Ranges.





 
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