Heavy rains in Pilbara adversely affect Fortescue’s iron ore operations

Friday, 04 March 2011 15:12:53 (GMT+3)   |  
       

Australian iron ore producer Fortescue Metals Group Limited (Fortescue) has announced that continued and heavy rainfall across the Pilbara region of Western Australia is impacting the company's mining operations.
 
According to a company release, the sustained wet weather events have caused significant flooding across the Pilbara resulting in extended access road closures and air access restrictions to Fortescue's mining operations, disrupting production.
 
Fortescue now estimates iron ore production of 8.5-9 million mt in the first quarter of 2011 down 500,000 mt compared to the previous guidance, assuming a return to normal weather conditions.
 
Fortescue is working to maximize production throughout the remainder of the quarter, the company said. 
 

Similar articles

Daily iron ore prices CFR China - May 17, 2024

17 May | Scrap & Raw Materials

Major steel and raw material futures prices in China - May 16, 2024

17 May | Longs and Billet

Iron ore prices increase after futures rise amid better demand hopes

16 May | Scrap & Raw Materials

Major steel and raw material futures prices in China - May 16, 2024

16 May | Longs and Billet

Daily iron ore prices CFR China - May 15, 2024

15 May | Scrap & Raw Materials

Major steel and raw material futures prices in China - May 15, 2024

15 May | Longs and Billet

Daily iron ore prices CFR China - May 14, 2024

14 May | Scrap & Raw Materials

Major steel and raw material futures prices in China - May 14, 2024

14 May | Longs and Billet

Brazilian high-grade iron price relatively stable week-on-week

14 May | Scrap & Raw Materials

Daily iron ore prices CFR China - May 13, 2024

13 May | Scrap & Raw Materials