Fortescue secures $2B yuan-denominated loan to support decarbonization plans

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Iron Ore reclaimer machine and stockpile

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Fortescue (OTCQX:FSUMF) said Friday it secured a syndicated term loan facility worth 14.2B yuan (~$2B) backed by leading Chinese, Australian and international lenders, including Bank of China and Industrial and Commercial Bank of China, as the Australian mining company looks to support

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