how much will FMG's news (below) impact fge? Hopefully we get an announcement soon? we had work with kings deposit and solomon crushing hubs :/
The company has confirmed its commitment to complete the expansion of its Christmas Creek mine, commission the low-cost Firetail deposit at Solomon mine and deliver port and rail projects to deliver a near term growth target of 115mtpa. The completion of Christmas Creek stage two ore processing facility will see first ore produced from the next expansion phase within four weeks.
Fortescue will defer the development of the Kings deposit within the Solomon mining hub and the full completion of its fourth berth at Herb Elliott Port until iron ore prices
return to more sustainable levels.
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big contract!, page-6
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