Fortescue Ltd (ASX:FMG) Updates on Iron Bridge Operation Growth and Future Projections
Production and Shipment Projections
Fortescue Ltd anticipates Iron Bridge shipments of 10-12 million tonnes in FY26 and aims to achieve an annualised production rate of 16-20 million tonnes in H2 FY27. The company targets reaching the nameplate capacity of 22 million tonnes per annum in FY28, with further process optimisation expected. Iron Bridge is on track to safely and successfully achieve its FY25 market guidance for shipments and operating costs.
Operational Optimisation
Following an optimisation assessment, Fortescue has enhanced Iron Bridge’s ore processing and production rate by redesigning air classification units and installing upgraded ceramic liners. These improvements address premature erosion and boost the performance of the air classification circuit and downstream aerobelt conveyors.
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