27
Jun
12:06
FMG boosts automation up to 2020
Fortescue Metals Group (FMG) has released a list of innovation projects designed to boost its efficiency. Three productivity initiatives will see investment over the three years ending in June 2020. These include the roll out of automated haulage vehicles across its Solomon and Chichester hubs.
Aggressive cost cutting rescued FMG from disaster to turn it into a serious low-cost producer in recent years. Sustained low prices will force it to keep investing to mai…
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Anonymous
Very good overview of the weekly steel market.
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