Fortescue Metals Group Limited
(ASX:FMG) Chairman Andrew Forrest says the company will continue efforts to sell a minority interest in its Pilbara port and rail assets, according to media reports.
The lower dollar and stronger iron ore price, had sparked some speculation that Fortescue would decide to retain the assets.
Speculation increased when the company pushed back the sales process deadline to the end of the September quarter.
But Mr Forrest says the sale will go ahead, but only at a price that adds to shareholder value.
Fortescue Metals generated a net profit of $460.3 million in the first half of the 2013 financial year.
