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Hunan Valin sells down FMG stake

FORTESCUE Metals Group's second-largest shareholder, China's Hunan Valin Iron and Steel Group, ha...

MiningNews.Net

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...

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