...found on fms forum
As companies step back, the world's wealthy are piling in. This month, a company owned by New Zealand's Todd family backed construction of a railroad to transport iron ore from an Australian mine proposed by Flinders Mines Ltd. FMS.AU -3.57% They hope to emulate Australian mining entrepreneur Andrew Forrest, who built a $5.2 billion fortune in a decade by transforming Fortescue Metals Group Ltd. FMG.AU +1.81% from a tiny explorer into the world's fourth-largest iron-ore producer.
Wall Street Journal Asia Full article
http://online.wsj.com/news/articles/SB10001424052702304256404579451404288968932
...found on fms forumAs companies step back, the world's wealthy...
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