CAPITAL MARKETS

Hunan Valin sells down FMG stake

FORTESCUE Metals Group’s second-largest shareholder, China’s Hunan Valin Iron and Steel Group, has sold roughly $A193 million worth of shares in the iron ore miner.

MiningNews.Net

Hunan Valin sells down FMG stake

The Chinese firm made an on-market sale of 1.074%, or 29 million shares, of its stake in FMG on November 23, reducing its shareholding to 16.26% or 506 million shares. FMG chief executive officer...

Start a free trial to continue reading this article

Already have an account? Sign in here

MORE ON THIS TOPIC

NEXT: Capital watch: A-Cap, Alcyone, Malagasy and more
PREVIOUS: Administrators called in

MOST POPULAR

1

MINERS

Ex Regis teams deliver yet again at Capricorn and Emerald

2

CAPITAL MARKETS

Executive Outcomes: Nagambie, Western Yilgarn and more

3

M&A

Chile's Codelco considering Queensland copper entry

4

STRICTLY BOARDROOM

Strictly Boardroom: Are you an imposter?

RESEARCH

Premium subscribers only

View more

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

THE ASPERMONT BRAND PORTFOLIO

Copyright © 2000-2024 Aspermont Ltd. All rights reserved. Aspermont Limited (ABN 66 000 375 048), PO Box 78, Leederville, Western Australia 6902