On 30 December, Fortescue Metals Group had multiple rail cars derail about 150 kilometres south of Port Hedland in Western Australia’s Pilbara region. The miner said a “heat buckle” in its railway line was behind the derailment, which cut the supply of iron ore to its Western Australia operations. “No one was injured in the incident and there is no…
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Fortescue Metals Group said first production for its Iron Bridge magnetite project in the Pilbara region of Western Australia has been pushed to the second half of April from a previously scheduled start in March. Full story.
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Maintaining costs is the reported impetus for a plan by Australia’s Fortescue Metals Group (FMG) to reduce jobs by a “few hundred” at its Pilbara region operations. Full story.
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Fortescue Metals Group, through majority-owned joint venture Ivindo Iron, has signed a mining convention with the Gabonese government to start mining ore at the Belinga project in the second half of 2023. The convention governs all the legal, fiscal and regulatory regimes for the 4,500-square-kilometres project in northeast Gabon, including early development for production of up to 2 million tonnes…
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Fortescue Metals Group has confirmed its group chief financial officer Ian Wells has resigned from his seat effective 31 January. Full story.
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Australian-based Fortescue Metals Group said Fiona Hick will join the global green energy and resources company as chief executive officer of its Metals group in February 2023. Read full article.
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Liebherr and Fortescue Metals Group Ltd announced a partnership for the development and supply of green mining haul trucks for integration with the zero-emission power system technologies being developed by Fortescue Future Industries (FFI) and Williams Advanced Engineering (WAE). This is a major step towards transitioning Fortescue’s diesel mining fleet to a green mining fleet before 2030 and accelerates the…
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Fortescue Metals Group (FMG) has entered into an agreement to take over UK-based Williams Advanced Engineering from EMK Capital and Williams Grand Prix Engineering for US$223 million as part of FMG’s decarbonisation plans. View full article from The Asia Miner.
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Elizabeth Gaines will step down as chief executive officer of Fortescue Metals Group as the Australian miner transitions from a pure play iron ore producer to a diversified renewable energy and resources major.
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