The sell down of Fortescue Metals Group shares by US-based Leucadia National Corporation marks a realisation of one of the resources boom’s most profitable punts - but by no means heralds its exit as major investor in Andrew Forrest’s miner.

The sell down of Fortescue Metals Group shares by US-based Leucadia National Corporation marks a realisation of one of the resources boom’s most profitable punts - but by no means heralds its exit as major investor in Andrew Forrest’s miner.