Fortescue Metals Group Ltd. announced that continued drilling at the Nyidinghu ore body located in Western Australia has increased the Company's total resource inventory to 11.42 billion tonnes through the delineation of additional new resources.
Fortescue Metals Group Ltd announced that it approved plans to expand its production from 55 M t per annum to 155 M t pa. The approval sets the platform for a US$8.4 bn expansion program to commence at Fortescue’s Chichester and Solomon Hubs, Western Australia.