Author: Adarsh Sahu

FMG Magnetite, with joint venture partner Formosa Steel (31%), plans to ship 10-12 mnt of magnetite ore from its Iron Bridge mine in FY’26, targeting 22 mnt nameplate capacity by FY’28. Optimisation of the dry plant, including redesigned air classifiers and ceramic liners, has improved processing efficiency. Annualised production is set to reach 16-20 mnt…