Fortescue says no current plans for Shanghai listing
Published: 11 May 2009 18:45:19 PSTSYDNEY, May 12 (Reuters) - Australian iron ore miner Fortescue Metals Group Ltd (FMG.AX) is not currently looking at a Shanghai stock listing, it said on Tuesday, citing restrictions on foreign company listings.
Media reports in China had suggested Fortescue would list its shares on the Shanghai bourse.
Fortescue, the world's No.4 iron ore miner which sells all its output to China, recently won Australian government approval for China's state-owned Hunan Valin Iron and Steel Group to take up a 17.55 percent direct interest in the company.
(Reporting by James Regan)
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