The West Australian reported that Fortescue Metals Group is considering selling a small interest in its rail and port infrastructure.
Mr Nev Power CEO of Fortescue Metals Group said that the company was in negotiations with potential investors in Fortescue subsidiary The Pilbara Infrastructure, which owns the miner's rail and port assets.
Fortescue said that talks are being held with a small group of selected investors.
Mr Power said that any sale would only be transacted at full and fair market value and on the basis that the current efficiency of infrastructure and mining operations are not impacted.
Source:
http://www.steelguru.com/raw_material_news/FMG_closer_to_port_infrastructure_and_rail_sale/295613.html
