Original article by Amanda Saunders
The Australian Financial Review – Page: 15 : 25-Aug-15

Fortescue CFO Stephen Pearce says the company’s "world class" mining and port and rail assets in the Pilbara region of Western Australia are worth more than the $A20 billion it cost to develop them. Fortescue CEO Nev Porter put the 14.6 per cent fall in Fortescue’s share price down to a "flighty" market. UBS calculates the net valuation of the assets at $A12 billion.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, UBS HOLDINGS PTY LTD, CITIGROUP PTY LTD, HEBEL, TEWOO GROUP