The Distillery: Fortescue footwork

Ahead of Fortescue’s production results, jotters say the miner’s decision to offload of a stake in its infrastructure assets will hinge on the iron ore price.

Fortescue Metals Group will release its quarterly production update with all eyes on whether Andrew Forrest’s ‘third force’ will offer an update on attempts to sell a minority stake in its infrastructure. Two commentators give their analysis on the state of play at FMG.

Meanwhile, the share price of mining contractor Leighton Holdings is falling, catching the attention of a respected Fairfax writer in the process, and Australia’s life insurance market is heading into very troubled waters.


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