India urging firms to acquire overseas iron ore, coking coal assets
India aims to boost its overall steelmaking capacity to 300 million tons by 2030.
Mining billionaire and philanthropist Andrew Forrest has swooped down on more than 22 million shares in the company he founded, Fortescue Metals Group (ASX: FMG), the world’s fourth largest iron ore miner. Forrest, who paid A$242.9 million ($160.2 million) for the shares,...
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