Fortescue Metals Group (ASX:FMG) may list an iron ore project on the Hong Kong Stock Exchange in a venture with China's Baosteel Group, a source from the sidelines of the Boao Forum in Hainan, China reported.
A listing on the Shanghai Stock Exchange is also a possibility, although a Hong Kong listing shapes as a better possibility.
Fortescue Metals is "bullish" on continuing demand from China for high grade 60% iron ore from its Pilbara projects.