22
May
12:49
FMG approves Queens Valley mine
Australia’s FMG has approved its project to develop the Queens Valley mine. This will feed into its Kings Fines product, Kallanish notes.
The $287 million project will see the first $10m invested by the end of the financial year, with the bulk of investment over financial 2020 and 2021. The project is then expected to run for 10-15 years. An expected initial strip ratio of 1.4 will allow it to keep costs low, FMG says.
The project also includes the relo…
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