FMG announces increased reserves

Fortescue Metals Group exploration and operations teams have announced a new reserve estimate for the company's Cloudbreak and Christmas Creek operations, with an increase of 54% to 1.625 billion tonnes.

Fortescue Metals Group exploration and operations teams have announced a new reserve estimate for the company’s Cloudbreak and Christmas Creek operations, with an increase of 54% to 1.625 billion tonnes.

The company’s Rail network is in full operation, with the ballast “superlift” completed enabling ore wagons to run at full 160 tonnes (gross) loads.

The company has also reported that its Herb Elliott Port is now fully commissioned for 45 million tonnes per annum.

According to the company, all but one of the company’s 14 surface miners have been commissioned and are in full operation, with the final machine soon to be operational.

To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.