Liberia: Australian Billion-Dollar Iron Ore Company Denies MOU With Govt
Published on: Sunday 21 July 2019
The fourth largest global iron ore exporter, Fortescue Metals Group Ltd., has denied reports from the Liberian government that its billionaire founder, Andrew Forrest, has signed a Memorandum of Understanding (MoU) to indicate its agreement to join a plan to upgrade the nation's railways -- a key step to unlock iron ore rich deposit in neighboring Guinea.
News source: https://allafrica.com/stories/201907220601.html