Andrew Forrest has urged shareholders to keep faith in Fortescue resolving tense negotiations with China over iron ore prices, while insisting the miner’s green energy focus would insulate it from costly policies imposed by US President Donald Trump.
Prowling the stage at the iron ore miner’s annual shareholder meeting, Forrest acknowledged the company’s close links with its biggest customer but said he would not cave in to demands from Beijing’s centralised buying agency, which has imposed sanctions on some of Fortescue’s products.
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