Fortescue Metals Group has placed a trading halt on its shares, pending the release of an announcement, following reports FMG is expecting to finalise equity funding for its $2.5 billion Chichester Range iron ore project.

Fortescue Metals Group has placed a trading halt on its shares, pending the release of an announcement, following reports FMG is expecting to finalise equity funding for its $2.5 billion Chichester Range iron ore project.