Australian businessman Andrew Forrest attends the UNFCCC COP28 Climate Conference in Dubai, the UAE, on Dec. 5, 2023. Sean Gallup/Getty Images
Australian company Fortescue has secured a 14.2 billion Renminbi (US$2 billion) loan from a range of Chinese, Australian, and other international lenders.
Fortescue, formerly known as Fortescue Metals Group, is a publicly traded company majority owned by billionaire mining magnate Andrew Forrest.
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