From The Age, I think, via the FMG forum.....
Fortescue Metals Group Ltd will increase its production rate of iron ore fines to meet rising Chinese demand for that form of the bulk commodity, as the Asian superpower's need for the lump form wanes.
Fortescue on Monday brought forward a shutdown of its Pilbara port and mine processing facilities by a fortnight under an optimisation program that will allow it to produce fines more quickly.
Demand for lump has been strong until recently but Chinese steel mills are being increasingly geared for fines in recognition that much of the most easy accessible lump material has been mined.
The steel mills anticipate that iron ore miners will produce more fines in the future.
From The Age, I think, via the FMG forum..... Fortescue Metals...
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