Fortescue to develop Iron Bridge magnetite project

Fortescue Metals Group has green-lit its US$2.6 billion Iron Bridge magnetite project in the Pilbara, Western Australia

Fortescue to develop Iron Bridge magnetite project Fortescue to develop Iron Bridge magnetite project Fortescue to develop Iron Bridge magnetite project Fortescue to develop Iron Bridge magnetite project Fortescue to develop Iron Bridge magnetite project

Early-stage construction, such as roads and the camp are expected to begin in the middle of the year

The project, a joint venture between Formosa Steel and FMG subsidiary FMG Magnetite) itself a joint venture between FMG and Baosteel), is located 145km south of Port Hedland.