Fortescue Metals Group (FMG) has announced that it is set to commence with the development of the Queens Valley mining area at the Solomon Hub iron ore operations in Western Australia’s Pilbara region following grant of all necessary environmental and heritage approvals.
The $417 million (US$287 million) project will help maintain the production rate of low-alumina Kings Fines product at the mine.
“The Queens mining area development will maintain our highly valued Kings Fines low-alumina sinter fines product which supplies Fortescue’s key customers in China as well as in Japan and Korea,” FMG Chief Executive Officer Elizabeth Gaines said.
The Queens Valley mining area development is located approximately 15 kilometres from the Solomon Hub’s Kings ore processing facility (OPF) and the project will include the construction of an innovative hydraulic barrier. The project will also involve the relocation of mobile maintenance facilities closer to the Queens mining area which will minimise travel distance as well as lower operating costs and provide access to additional tonnes at the Kings OPF.
The Queens development is expected to have a mine life of 10-15 years.
Subscribe to Felix Project News today to stay up to date with the latest industry news and project updates.
Source: Fortescue Metals Group; The West Australian; Australian Mining; Finance Nine.com.au
Under the Billion Opportunities program, Fortescue Metals Group (FMG) has awarded a record $350 million contract to Aboriginal business Warrikal Pty Ltd as one of the companies to provide maintenance and shutdown services across Fortescue’s Pilbara operations.
Civmec Limited has announced that the company has been issued a Notice of Award by Fortescue Metals Group (FMG) for major onsite works at the Iron Bridge Magnetite Project in the Pilbara region of Western Australia.
Decmil Group has announced that it has secured a $41 million contract for works at Fortescue Metals Group’s (FMG) US$2.6 billion Iron Bridge Magnetite Project in Western Australia’s Pilbara region.
If you're looking to contact us about other matters, please contact us.