Fortescue Metals Group Ltd (ASX:FMG) is considering a dual listing on the Hong Kong Stock Exchange, according to the Australian Financial Review.
The paper reports Fortescue’s founder and CEO Andrew Forrest last week met with officials from the Hong Kong exchange to discuss the prospect.
The Hong Kong exchange is currently gearing up to boost its mining company listings.
Fortescue is believed to perceive a potential listing as attractive as the iron ore miner looks to broaden its exposure to new investors.
Mr Forrest did not deny the prospect of a dual listing last week, telling the AFR that Fortescue will “look at all the options”.
In the first half of the 2011 financial year Fortescue Metals booked a net profit of $309 million.
