Original article by James Thomson
The Australian Financial Review – Page: 21 : 15-Sep-16

Vale’s Peter Poppinga says a proposed iron ore blending joint venture with Fortescue Metals Group is unlikely to be finalised before the end of 2016. He says negotiations between the two groups are taking longer than anticipated, with the pricing of their iron ore products believed to be a key issue. Fortescue CEO Nev Power has been more upbeat, suggesting in July that the deal could be finalised in the near-term. Fortescue shares have gained 153 per cent so far in 2016.

CORPORATES
FORTESCUE METALS GROUP LIMITED – ASX FMG, VALE SA, BLOOMBERG LP