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Bloomberg

Fortescue Says Iron Ore Deal With China Must Protect Australia

Wednesday, October 28, 2026


Fortescue Ltd. executives stated the company will not expedite negotiations with China's state-backed iron ore buyer and that any agreement must safeguard both the company's long-term interests and Australia's interests. The company did not announce a specific deal or timeline. Fortescue is Australia's second-largest iron ore producer.

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