‘Heat buckle’ derails Fortescue iron ore cars

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 strikes deal for rapid development of Belinga

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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