Australia's Fortescue bumps up 2020-21 production guidance; delays Iron Bridge

摘要

Sydney—Australian Fortescue has bumped up its fiscal 2020-2021 (JulyJune) iron ore production guidance to 178 million-182 million wet mt, from 175 million-180 million wmt, citing strong first-half performance and a focus on debottlenecking, the company said Feb. 18. Fortescue had also announced a delay and a cost increase for its Iron Bridge magnetite project.