Fortescue aims for 2030 debut in African iron ore

Original article by Peter Ker
The Australian Financial Review – Page: Online : 24-Dec-25

Gabon’s President Brice Oligui Nguema has committed to undertaking a "comprehensive audit" of every mining agreement that the developing nation secured between 2010 and 2024. This is likely to include the deal that Fortescue struck with Nguema’s predecessor Ali Bongo in 2021 regarding the Belinga iron ore project. Fortescue’s executive chairman Andrew Forrest recently travelled to Gabon to discuss the project with Nguema. Fortescue aims to complete a feasibility study by the end of 2026, and Forrest has indicated that he wants shipments to begin by 2030.

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