FMG to Deliver WA Iron Bridge Magnetite by 2022

摘要

Fortescue Metals Group Ltd ("FMG") subsidiary FMG Magnetite Pty Ltd and joint venture partner Formosa Steel IB Pty Ltd ("Formosa") have approved the development of Stage 2 of the Iron Bridge Magnetite Project. FMG made the announcement on 2 April. The Project is located 145km south of Port Hedland, Western Australia ("WA"), and owned through an unincorporated joint venture (UJV) between FMG Iron Bridge Ltd (“FMG IB”) (69%) and Formosa (31%).