CAPITAL MARKETS

FMG adds tonnes

FORTESCUE Metals Group says a new iron ore discovery would add enough tonnes to the current resource at the Pilbara project to feed a plant for “several years”.

Rebecca Keenan

FMG adds tonnes

The Cloud Break deposit was identified as prospective in November and was the target of an intensive 300-hole drill program. Better intersections included 10m grading 60% iron, with FMG reporting that...

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