FMG mine tactic goes to Rio

FORTESCUE Metals Group’s plan to mine its Pilbara iron ore deposits with Surface Miners has received a credibility boost from an unlikely quarter – arch rival Rio Tinto. The Metal Detective by Stephen Bell

Up to now, many analysts and investors have been sceptical of Fortescue’s forecasts for its Pilbara venture, partly because it has chosen to use a novel mining technique.

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