Forrest Says Fortescue's Debt `Totally Manageable'
March 30 -- Andrew Forrest, the billionaire founder and chairman of Perth-based Fortescue Metals Group Ltd., the world's fourth-biggest iron ore producer, talks about falling prices, Chinese demand, and criticism from rivals. Forrest has called on the largest producers to cap output in an effort to stimulate prices, a strategy dismissed by Rio Tinto Group and Gina Rinehart, the billionaire developing a new mine in Western Australia. He spoke with Bloomberg's Stephen Engle at the annual Boao Forum on the southern Chinese island of Hainan.