Largest iron ore producer in Australia, Fortescur Metal Group will plan for increased production of iron ore up to a period of 3 years. Plans to increase production of iron ore, Fortescue is supported by investment from China. Trust China to invest in mining company Fortescue Metal Group, Rio Tinto declined due to $ 6 billion investment offered by China.

Newly formed FMG is a mining company that has used extensive rail network to swallow their market share of Aussie junior miners as infrastructure investment paid off in spades. Now with support from China, FMG is to seek more than doubled their output in less than 3 years.

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