February 20, 2019 / 2:09 AM / a month ago

Australia's Fortescue says lacks capacity to 'materially' boost iron ore output near-term

MELBOURNE, Feb 20 (Reuters) - Australia’s Fortescue Metals Group said that it had no capacity at its ore processing facilities to immediately add ‘material’ iron ore volumes, after a dam tailings burst in Brazil raised uncertainty over global supply.

“In the short-term, there is not necessarily the capacity to add material incremental volumes, but I think like everybody else we would look at opportunities where we can to add tonnes,” Chief Executive Elizabeth Gaines told media on a results call on Wednesday.

Capacity bottlenecks centre on its ore processing facilities, rather than rail or port facilities, she added. (Reporting by Melanie Burton)

Nuestros Estándares:Los principios Thomson Reuters
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below