September 16, 2024
FMG's Shipments Soar Following Railway Incident: Targets Record Figures for 2023-24
Following a heat-related buckle in a railway line resulting in a derailment and a subsequent 4-day shutdown of iron ore flows from the mines to Port Hedland, FMG's shipments have surged. The company now aims for shipments totalling between 192 million to 197 million tonnes in 2023-24, which includes approximately 5 million tonnes from its Iron Bridge magnetite operations.