Fortescue

Australian mining giant Fortescue confirmed Tuesday that it was in negotiations to develop what would be the world’s largest hydroelectric project in the Democratic Republic of Congo. The business giant Andrew Forrest’s group said it was in the running to build the Grand Inga hydroelectric mega-dam on the Congo River. Under current arrangements, Forrest’s Fortescue Future Industries (FFI) has been granted exclusive rights to develop the massive development of the $ 80 billion Grand Inga US dollar…