CAPITAL MARKETS

Nullagine achieves production milestone

THE Nullagine joint venture between BC Iron and Fortescue Metals Group has hit its updated nameplate target production and export rate of 6 million tonnes per annum of iron ore.

Hannah Vickers
Nullagine achieves production milestone

BC Iron upped its stake in the project to 75%, effective January 1, in a $A190 million deal with FMG that allowed Nullagine to acquire additional capacity of 1Mtpa on FMG’s rail and port infrastructure....

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