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Fortescue Metals Start Iron Ore Mine Exploration at Pilbara
Perth-based Fortescue Metals has started mining at its Christmas Creek iron-ore deposit, in the Pilbara region.
Iron Ore Mine Exporter, Fortescue Suspend Work on Australia Iron Ore Railroad
Fortescue Metals Group Ltd., Australia’s third-largest iron ore exporter, suspended work on a railroad carrying the steelmaking ingredient, signaling a deepening slump in demand from Chinese customers.
Contractor NRW Holdings Ltd. was told to stop building the line in Western Australia, Perth-based NRW said today in a statement. Cameron Morse, a spokesman for Fortescue, referred to [...]
