After BHP, China’s CMRG Close to Iron Ore Deal With Fortescue

Fortescue Ltd is close to signing a supply agreement with China’s state-backed iron ore buyer, according to a person familiar with the matter, following a BHP Group deal that drew...

By Katharine Gemmell · Bloomberg

Fortescue Ltd is close to signing a supply agreement with China’s state-backed iron ore buyer, according to a person familiar with the matter, following a BHP Group deal that drew a line under months of talks.