SYDNEY, March 8 (Reuters) - Fortescue Metals Group Ltd FMG.AX said a joint venture with rival Vale SA VALE5.SA will not alter fiscal 2016 production guidance after announcing a partnership to blend iron ore.
Fortescue also said it expects iron ore blending to begin within six months and expects no lessening of competition as it does not see the venture as a precursor for Vale acquiring Fortescue.