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Fortescue’s flagship Iron Bridge takes $1b hit as China talks stumble
Andrew Forrest’s misfiring magnetite division and hardball negotiating tactics from the centralised buyer have taken the shine off record production.
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afr.com
Hedge funds target Fortescue amid $11b short on ASX mining giants
Sage Capital and Ten Cap are among an army of funds betting against Andrew Forrest’s mining empire, while short interest in Rio Tinto and BHP is at the highest level in years.
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Fortescue’s flagship Iron Bridge takes $1b hit as China talks stumble
Andrew Forrest’s misfiring magnetite division and hardball negotiating tactics from the centralised buyer have taken the shine off record production.
