Fortescue Metals Group has received independent sign off certifying ‘project completion’ of the first stage of its integrated mine, rail and port facilities in the Pilbara region of Western Australia.
Project Completion includes operations having mined, railed and shipped two million tonnes within a four week period which has been verified by the Project’s Independent Engineer, Behre Dolbear Australia.
Achieving Project Completion satisfies certain covenants within Fortescue’s financial arrangements and allows the company to pursue its stated ambition to expand and further develop growth projects across the Chichester Ranges.
Coming only eight weeks after the first shipment of ore from the Herb Elliott Port in Port Hedland, Fortescue Chief Executive Officer Andrew Forrest said it was a remarkable achievement for all concerned.
“Our success is testament to the Company’s enormous potential and future growth objectives. This sets a great platform for the continuing ramp up of our project to its initial targeted capacity of 55 million tonnes,” Forrest said.
Forrest praised the efforts of all Fortescue staff and contractors who have worked tirelessly to achieve the result.
He said Project Completion achieved significant milestones in a number of areas, including all product achieving mill customers’ specifications with a total of 20 ships having already left Fortescue’s Herb Elliott Port bound for China.
According to the company, the project has achieved scheduled capacity across all operations.
The company’s heavy haul rail reached its capacity of 40 tonne axle loads ahead of schedule with 194 train loads of product already railed to port.
“These achievements are but another milestone in the path to Fortescue becoming a major international mining house. Our objective of becoming a leader in the international resources industry, the strongest growth sector of the world’s economy, is a step closer with already three million tonnes of Fortescue’s iron ore having been exported to China in the short time since Fortescue commenced shipping.”