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Liberia: Australian Billion-Dollar Iron Ore Company Denies MOU With Govt

Published on: Sunday 21 July 2019

Liberia: Australian Billion-Dollar Iron Ore Company Denies MOU With Govt 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.



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