Fortescue Metals Group Limited (ASX:FMG) has raised $US2 billion as part of its plans to expand into the Pilbara region of Western Australia.
Yesterday the iron ore miner launched a $US1 billion bond offering of senior unsecured notes.
The latest upsize in capital raising follows an increase in demand.
Fortescue Metals reported a net profit of $789 million in the last six months of 2011.
