Senate debates

Wednesday, 9 November 2011

Questions without Notice: Additional Answers

Mining

5:31 pm

Photo of Chris EvansChris Evans (WA, Australian Labor Party, Leader of the Government in the Senate) Share this | | Hansard source

by leave—I will make a short statement correcting something I said at question time. In answer to a question from Senator Sterle during question time I referred to Fortescue Metals Group as having a gross market capitalisation of around $50 billion. That was an error. I misspoke. I did not read my notes properly. I have been advised that their actual gross market capitalisation is around $20 billion. I just wanted to correct the record.