More Pilbara growth for FMG

Fortescue Metals Group has opened a new berth in Port Hedland and sounded confidence in mining's future.

Fairfax Media reports the new berth will bring FMG's iron ore production to 70 million tonnes per annum in April.

The development is the latest step in the company's ambitious plans to export 155 mtpa by the middle of next year.

In opening the new berth FMG chairman Andrew Forrest told Fairfax Media while 2012 would be a quiet year, 2013 was set to drive more growth in the iron ore industry.

Earlier this year FMG surprised investors by hinting it may favour further expansions at Port Hedland over previous plans for the new Anketell port development.

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