Fortescue Metals Group (ASX:FMG) has reiterated its plans to continue the ramp up to full production capacity of 22Mt per annum at its Iron Bridge operations.
This growth level in production remains unchanged and is expected within the next 24 months.
Moreover, the company’s FY24 guidance for total iron ore shipments maintains steady at a projection between 192 and 197Mt.
The mentioned shipment figures include about 5Mt from Iron Bridge.
Fortescue Metals Group reaffirms their FY24 guidance for total iron ore shipments to remain unchanged at the aforementioned figures.
Fortescue Metals Group is an Australian multinational corporation known primarily for iron ore extraction and processing.