Fortescue definition
Examples of Fortescue in a sentence
Fortescue intends to renegotiate this to possible expansion tonnages.
The Long Term Off-take Agreement has been signed by FMG Chichester Pty Ltd (the owner of Fortescue’s Pilbara Iron Ore and Infrastructure Project iron ore deposits), Fortescue Metals Group Ltd and Baosteel Trading Co Ltd.
The Banyjima country includes the Hamersley Ranges in the vicinity of Karijini National Park, extending north to the Fortescue River, east to the Marilana and Weeli Wooli Creek systems, and south to Rocklea Station on the upper branches of Turee Creek and the Kunderong Range (▇▇▇▇▇ 1995; ▇▇▇▇▇ and Thieberger n.d.: 1).
However, he notes that a distinction between Top End and MIB is that the MIB have a closer relationship with the coastal Injibarndi downstream along the Fortescue River valley.
Fortescue a▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇e-Mer▇▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇▇▇▇ 15,000,000 shares from the 75,000,000 share consideration hereinabove set forth for services rendered as Finder/Founders.
Banyjima divide themselves into two groups—the Martu Idja Banyjima (MIB), or ‘Bottom End Banyjima’, associated with the lower country of the Fortescue River floodplain in the north; and the Milyarring Banyjima, or ‘Top End Banyjima’, associated with the high country of the Hamersley Ranges south to Mt ▇▇▇▇▇.
If the project were to exceed production of 1.1 billion tonnes then Fortescue will gain a small incremental share of equity and off-take at that time.
In noting this Agreement for 5Mta under stage 1, Fortescue advises that by mutual consent with one of the company’s customers, an earlier 1.5Mta agreement has been moved from the first stage production delivery.
With the Baosteel Long Term Off-take Agreement now signed, Fortescue has fully committed its first stage production target of 45Mta.
A submission from Fortescue Metals Group dated 6 July 2017 in response to the section 16 application was tabled.