FMG, Formosa approve Iron Bridge Magnetite Project stage 2 development
Fortescue Metals Group (FMG) announced that its subsidiary FMG Magnetite and its joint venture (JV) partner Formosa Steel IB have approved the development of Stage 2 of the Iron Bridge Magnetite Project in Australia with an investment of $2.6 billion. The Iron Bridge Magnetite Project, which is located 145 km south of Port Hedland in […]