Fortescue ‘excited’ about potential new 10Mt/y Pilbara project

Iron-ore major Fortescue Metals is working with its partners on the Iron Bridge magnetite project to advance the Pilbara project towards a final investment decision.

COO Greg Lilleyman said on Wednesday at the Global Iron & Steel Forecast conference, in Perth, that the proposed ten-million-tonne-a-year operation was a “significant possible” future investment for Fortescue and its partners Fermosa Group and Boasteel.