Portman iron ore sales up 63%

PORTMAN Ltd has passed another milestone in its iron ore growth strategy, achieving a 63% increase in full-year sales tonnages from its Koolyanobbing iron ore project in Western Australia to a record 3.2 million tonnes.

Portman iron ore sales up 63% Portman iron ore sales up 63% Portman iron ore sales up 63% Portman iron ore sales up 63% Portman iron ore sales up 63%

Forecast sales for 2002 are 4.6Mt.

The Perth-based company shipped 3.21Mt of iron ore from Koolyanobbing during the 12 months to December 31, compared to 1.97Mt the previous year.

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