8,026.27 TL BIST 100 BIST 100
28.93 $ USD USD
€31.46 EUR EUR
613.00 TL Interest Interest
78.38 $ Fossil Oil Fossil Oil
25.47 $ Silver Silver
3.88 $ Copper Copper
130.49 $ Iron Ore Iron Ore
375.00 $ Ship Dismantling Ship Dismantling
1,939.91 TL Gold (gr) Gold (gr)

Chichester Metals to build new iron ore mine

Chichester Metals announced it will build a new iron ore mine in Western Australia.

Chichester Metals to build new iron ore mine

Chichester Metals, a subsidiary of Australia's Fortescue Metals Group (FMG), has applied for approval to build a new iron ore mine in Western Australia.

The Nyidinghu Mine, spanning 92,301 hectares and valued at $2 billion, is expected to produce 40 million tons of iron ore annually within 26 years. The first batch is expected in 2028. FMG's independent subsidiary, Pilbara Infrastructure, has also submitted a proposal for the East Hamersley Railway Project, which includes transportation, power, and water supply pipeline infrastructure.


No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

US slab imports decrease in October

Monday, December 4, 2023

Vulcan Green Steel: Oman's hydrogen-powered steel plant underway

Monday, December 4, 2023

The rate of rent increase for workplaces is determined

Monday, December 4, 2023

30 billion dollars of trade between Turkiye and Saudi Arabia!

Monday, December 4, 2023

Arvedi Group prepares to outsource its operations in Türkiye to a local company

Monday, December 4, 2023
Follow List
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.

There are no news categories you follow
Edit Notification Preferences

Global Iron and Steel Exchanges

Iron and Steel Indices, Price and News

E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now