18
Jul
10:20
FMG seeks mine approvals but denies output hike
Australia’s FMG says the decision to seek environmental approvals for its Eliwana mine development project do not imply any changes to future production guidance. Eliwana simply gives the company flexibility going forward, with production to be set by market demand, according to a release to the Australian Stock Exchange.
FMG will have to make a decision as to where to invest to replace lost output from the 27 million tonne/year Firetail operation in the S…
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Anonymous
Very good overview of the weekly steel market.
Anonymous