Posted on 25 Jul 2023
Australian iron ore producer Fortescue Metals' first shipment from its newly built Iron Bridge operations in Australia will soon be on its way to Vietnam marking the first time the company has exported the high-grade magnetite product, Kallanish notes.
The shipment follows first production earlier this year which saw the plant surpass expectations with a first run grade of greater than 67% Fe.
Iron Bridge signifies the first time the company has produced a wet concentrate product, which is transported to Port Hedland through a 135 kilometre specialist slurry pipeline. Dewatering and materials handling is done there to create a high grade magnetite product
“Iron Bridge is a game changer for Fortescue and builds on our track record of safely and successfully developing and operating iron ore projects in the Pilbara," Fortescue Metals chief executive officer Fiona Hick says.
According to her, high grade magnetite products will play an important role in lowering emissions in the steel industry, and Fortescue is moving at pace to ensure the firm at the forefront of developing green steel technologies.
Iron Bridge is an unincorporated joint venture between Fortescue Metals' subsidiary FMG Magnetite (69%) and Formosa Steel (31%).
Source:Kallanish
