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Fortescue chief raises stake in company by AUD$39 million as iron ore prices plunge

Marc Howe | August 31, 2012 | 1:58 am Australia Iron Ore 

The founder and chairman of Fortescue Metals Group (ASX:FMG) Andrew Forrest raised his stake in the company by AUD$39 million this week amidst declines in the prices of both Fortescue shares and iron ore. According to Fairfax Press Forrest purchased...

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