FMG to manage Christmas Ck

Miner assumes management, supervision of two ore processing facilities at mine.

Fortescue Metals Group (FMG) will assume management and supervision of two ore processing facilities at its Christmas Creek mine effective immediately.

In a statement to the Australian Securities Exchange, Fortescue said it had exercised its step-in rights under the terms of its contracts with Crushing Services International Pty Ltd.

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Related Articles