Has Fortescue ever considered buying into the Southdown hematite project near Albany in Western Australia?
Is this a good fit with the low grade product that FMG currently produces?
My understanding is that Southdown principal partner, Grange Resources (ASX Code: GRR) has a project ready to go but lacks a large JV partner.
This is a 30 year mine that will produce high grade iron ore pellets that are in high demand in China due to ongoing pollution problems.
Southdown Hematite Project
-
- There are more pages in this discussion • 10 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$21.41 |
Change
-0.260(1.20%) |
Mkt cap ! $65.92B | |||
| Open | High | Low | Value | Volume |
| $21.52 | $21.67 | $21.30 | $150.5M | 7.000M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 93 | $21.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $21.41 | 12657 | 3 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| FMG (ASX) Chart |