Over 50 years.... plus lots of unexplored tenements, plus **on....Check my numbers, but.......
Hematite: 13548 million tonnes, shipping 190 million per year= 71 years
Magnetite: Ore = 250mt product grade = 11 years
Reserves= 1403 product grade = 63 years?
Read this:
https://cdn.fortescue.com/docs/default-source/announcements-and-reports/2426532-fy22-mineral-resources-and-ore-reserves-update.pdf?sfvrsn=61386d1_4
Updated report is due in a couple of weeks.
Iron ore price, page-53983
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