02
Apr
08:29
FMG's Iron Bridge to produce in 2022
Australian miner Fortescue Metals Group (FMG) approved its Iron Bridge magnetite project on 1 April 2019 and expects to see production by mid-2022, Kallanish notes.
The project is designed to produce 22 million wet metric tons/year of 67% Fe iron ore concentrate. The concentrate will have 0.24% alumina, 5.6% silica and 0.01% phosphorus. All-in operating costs are expected to be about $45-55/dmt cfr China, of whi…
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