Fortescue Metals Group (FMG) plans to ship its first cargo of the high-grade iron ore concentrate product from its Iron Bridge Magnetite Project in Western Australia by mid-2022.
The project will be able to produce iron ore at a rate of 22 million wet metric tonnes (wmt) per year or 20 million dry metric tonnes (dmt) per year once it reaches full capacity within the 12 months to mid-2023, the miner said on Tuesday April 2.FMG expects the new Iron Bridge concentrate product to typically contain 67% Fe, 0.24% alumina, 5.6% silica and 0.01% phosphorus, which is suitable for use as pellet feed or for blending with sinter fines.The miner...