Fortescue Metals to develop $1.3 bln iron ore project in Western Australia

Australia’s Fortescue Metals Group Ltd , the world’s fourth largest iron ore miner, said its board has approved the development of a $1.28 billion mine and rail project in Western Australia, in a bid to boost the price it gets for its iron ore.

Read more at Fortescue Metals To Develop $1.3 Bln Iron Ore Project In Western Australia.


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