| Response to media speculation regarding potential asset sale (1) | |
| | |
|
ASX Release 2015 Pro forma
7 October 2015
The Companies Officer ASX Limited
2 The Esplanade
Perth WA 6000
Dear Sir/Madam,
MEDIA SPECULATION REGARDING POTENTIAL ASSET SALE
Fortescue Metals Group Ltd (ASX: FMG, Fortescue) notes media speculation in the Australian Financial Review dated 7 October 2015.
As previously reported, whilst there is no imperative, Fortescue is open to commercial discussions in relation to a minority interest in its mining assets with interested parties. Fortescue's position is unchanged, there is no agreement of such nature with any party at this time.
Fortescue is aware of its continuous disclosure obligations to the ASX and the ongoing commitment to update the market, if and when, there are matters to disclose.
Yours sincerely
Fortescue Metals Group Ltd
Ian Wells
Company Secretary
Media Contact: Luke Forrestal 0427 938 094
[email protected]
Fortescue Metals Group Limited ABN 57 002 594 872 ACN 002 594 872
ADDRESS Level 2, 87 Adelaide Terrace, East Perth, Western Australia 6004
|
|
|
Fortescue Metals Group
|
|
DEVELOPMENT STAGE |
CODE : FMG.AX |
ISIN : AU000000FMG4 |
|
| |
ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Fortescue Metals is a iron development stage company based in Australia. Fortescue Metals holds various exploration projects in Australia. Its main assets in development are CHRISTMAS CREEK and NULLAGINE IRON in Australia and its main exploration property is SOLOMON GROUP in Australia. Fortescue Metals is listed in Australia and in Germany. Its market capitalisation is AU$ 54.4 billions as of today (US$ 36.6 billions, € 33.0 billions). Its stock quote reached its lowest recent point on January 29, 2016 at AU$ 1.41, and its highest recent level on September 13, 2024 at AU$ 17.47. Fortescue Metals has 3 113 799 936 shares outstanding. |