Christmas to come early for FMG

FORTESCUE Metals Group has said a resource upgrade and a new plan involving the development of the Christmas Creek deposit first have enhanced the economics of its Pilbara iron ore project.

Christmas to come early for FMG Christmas to come early for FMG Christmas to come early for FMG Christmas to come early for FMG Christmas to come early for FMG

The company said a key factor in the improved viability of the $1.85 billion project is the relocation of the planned mine and processing site 100km closer to the Port Hedland iron ore export hub.

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