Fortescue buy up Chinese rail cars

Fortescue Metals Group (FMG) has announced it is purchasing 260 iron ore rail cars as part of its Pilbara expansion.

The 40 tonne rail cars will be bought from China’s CNR Corporation as part of the US$ 8.4 billion expansion plan.

According to Chinese reports, the freight cars are the largest in the world based on loading capacity.

The miner’s Pilbara expansion will see an increase in iron ore production from 55 million tonnes per annum to 155 million tonnes within three years, by increasing capacity at the Chichester Range mine as well as the construction of a mine at its Solomon project in the central Pilbara region.

Fortescue’s rail fleet currently consists of 15 GE-9 diesel engines and 976 freight cars running over the length of its 280 kilometre rail lines.

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