Twiggy holding onto Fortescue shares

By Kim ChristianNews Corp Australia

FORTESCUE chairman Andrew "Twiggy" Forrest has declared he has no plans to sell part of his iron ore mining company to Chinese investors.

MR Forrest says while Fortescue has held talks with potential investors, he doesn't want to reduce his 33 per cent stake despite the mining company being under pressure from plunging iron ore prices.

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Originally published as Twiggy holding onto Fortescue shares