Friday 21 August 2015

Otmane El Rhazi : Fortescue reserves inch up

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

Iron-ore major Fortescue Metals has reported an increase in its iron-ore reserves, which included a maiden magnetite ore reserve. Hemattie reserves increased from the 2.37-billion tonnes reported in June 2014, to 2.4-billion tonnes, while hematite reserves decreased slightly from 5.44-billion tonnes to 5.42-billion tonnes.

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