https://trademinister.gov.au/releases/Pages/2018/sb_mr_181107a.as...

https://trademinister.gov.au/releases/Pages/2018/sb_mr_181107a.aspx

Further to Fortescue Metals signing 8 MOU's with the largest steel mills in China at the recent China International Import Expo earlier this week; BBI Group has just signed a financing agreement and an iron ore supply and delivery agreement.

• BBI Group signing a financing agreement with China Zhongchong Investment Group and an iron ore supply and delivery agreement with Sheng Xuan International;

- How did BBIG sign a financing agreement? What iron ore asset do they own?
- How did BBIG sign a iron ore supply and delivery agreement? What iron ore asset do they own?
- Why is Flinders Mines not over in China at the International Import Export Expo promoting the company, signing MOU's which could lead to binding offtakes or potentially seeking Finance?
- Or will FMS be announcing an agreement with BBI Group has been reached this week?

This is not advice.