Rinehart’s Hancock weighs $3.3 billion iron ore mine project
Hancock acquired a 51% interest in the Mt Bevan project from Legacy Iron Ore Ltd. and Hawthorn Resources.
Vermeer Corp and subsidiary Vermeer Western Australia and Northern Territory have announced that Fortescue Metals Group has agreed to purchase 14 VermeerTerrain Leveler surface excavation machines (SEMs) to be used at its iron ore mining operations in Western Australia. “This order comes after significant investment in product development by Vermeer, as well as commitment by the local dealer to support the operations,” said Mark Cooper, Senior Director for Specialty Excavation with Vermeer. “Having a respected industry leader like Fortescue embrace the technology further validates its place in the market.”