MANAGEMENT

Fortescue lays ground for Aboriginal-owned mine

Fortescue Metals Group has entered into a commercial agreement with Australian Aboriginal Mining Corporation (AAMC), paving the way for the establishment of the country’s first Aboriginal-owned and operated iron ore mine.

Staff reporter
Fortescue lays ground for Aboriginal-owned mine

The deal gives AAMC, owner of the Extension and Breakaway iron ore projects, the ability to deliver up to 2Mt/y of iron ore to Fortescue’s port and rail facilities over a five-year period. “We’re very...

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