Announcement

Wednesday, July 13, 2011

FMG now transacting in Chinese yuan

Australia's third biggest iron ore miner, Fortescue Metals Group has started selling some of its ore in Chinese yuan.

Mr Andrew Forrest CEO said that "Fortescue has started transacting in renminbi. We are exploring the possibilities of being paid with renminbi and purchasing equipment in
 
 

0 comments:

Post a Comment

Rss

Share

Delicious Digg Stumbleupon Favorites More