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16 Jun
08:52

FMG targets first Iron Bridge production in 2022

Australian major miner FMG has completed the latest assessment of its Iron Bridge Magnetite Project, and is expecting to achieve its first iron ore concentrate production by December 2022, Kallanish notes. The 12-week technical and commercial assessment began in February with the aim of validating the project’s costs and reducing various risks. According to the valuation results, overall capital expenditure continues to increase and is now expected to be bet…
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