Fortescue Metals Group Ltd is an Australian iron ore company. Fortescue is the fourth largest Iron ore producer in the world as of March 2011. The company has holdings of more than 87,000 km² in the Pilbara region of Western Australia making it the largest tenement holder in the state, larger than both BHP Billiton and Rio Tinto. Wikipedia.
News Article | November 14, 2016
This report studies sales (consumption) of Magnet in United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering Atlas Iron Limited Fortescue Metals Group Ltd BHP Billiton Rio Tinto Vale Cliffs Natural Resources Iron Ore Company Labrador Iron Mines Champion Minerals Cap-Ex Ventures Sundance Resources Sinosteel … View Full Report With Complete TOC, List Of Figure and Table: http://globalqyresearch.com/united-states-magnet-market-report-2016 Split by product types, with sales, revenue, price, market share and growth rate of each type, can be divided into Primarily hematite Magnetite Others Split by applications, this report focuses on sales, market share and growth rate of Magnet in each application, can be divided into Iron and steel Medication Others United States Magnet Market Report 2016 1 Magnet Overview 1.1 Product Overview and Scope of Magnet 1.2 Classification of Magnet 1.2.11 Primarily hematite 1.2.12 Magnetite 1.2.13 Others 1.3 Application of Magnet 1.3.11 Iron and steel 1.3.12 Medication 1.3.13 Others 1.4 United States Market Size Sales (Value) and Revenue (Volume) of Magnet (2011-2021) 1.4.1 United States Magnet Sales and Growth Rate (2011-2021) 1.4.2 United States Magnet Revenue and Growth Rate (2011-2021) 5 United States Magnet Manufacturers Profiles/Analysis 5.1 Atlas Iron Limited 5.1.1 Company Basic Information, Manufacturing Base and Competitors 5.1.2 Magnet Product Type, Application and Specification 184.108.40.206 Type I 220.127.116.11 Type II 5.1.3 Atlas Iron Limited Magnet Sales, Revenue, Price and Gross Margin (2011-2016) 5.1.4 Main Business/Business Overview 5.2 Fortescue Metals Group Ltd 5.2.2 Magnet Product Type, Application and Specification 18.104.22.168 Type I 22.214.171.124 Type II 5.2.3 Fortescue Metals Group Ltd Magnet Sales, Revenue, Price and Gross Margin (2011-2016) 5.2.4 Main Business/Business Overview 5.3 BHP Billiton 5.3.2 Magnet Product Type, Application and Specification 126.96.36.199 Type I 188.8.131.52 Type II 5.3.3 BHP Billiton Magnet Sales, Revenue, Price and Gross Margin (2011-2016) 5.3.4 Main Business/Business Overview 5.4 Rio Tinto 5.4.2 Magnet Product Type, Application and Specification 184.108.40.206 Type I 220.127.116.11 Type II 5.4.3 Rio Tinto Magnet Sales, Revenue, Price and Gross Margin (2011-2016) 5.4.4 Main Business/Business Overview 5.5 Vale 5.5.2 Magnet Product Type, Application and Specification 18.104.22.168 Type I 22.214.171.124 Type II 5.5.3 Vale Magnet Sales, Revenue, Price and Gross Margin (2011-2016) 5.5.4 Main Business/Business Overview 5.6 Cliffs Natural Resources 5.6.2 Magnet Product Type, Application and Specification 126.96.36.199 Type I 188.8.131.52 Type II 5.6.3 Cliffs Natural Resources Magnet Sales, Revenue, Price and Gross Margin (2011-2016) 5.6.4 Main Business/Business Overview 5.7 Iron Ore Company 5.7.2 Magnet Product Type, Application and Specification 184.108.40.206 Type I 220.127.116.11 Type II 5.7.3 Iron Ore Company Magnet Sales, Revenue, Price and Gross Margin (2011-2016) 5.7.4 Main Business/Business Overview 5.8 Labrador Iron Mines 5.8.2 Magnet Product Type, Application and Specification 18.104.22.168 Type I 22.214.171.124 Type II 5.8.3 Labrador Iron Mines Magnet Sales, Revenue, Price and Gross Margin (2011-2016) 5.8.4 Main Business/Business Overview 5.9 Champion Minerals 5.9.2 Magnet Product Type, Application and Specification 126.96.36.199 Type I 188.8.131.52 Type II 5.9.3 Champion Minerals Magnet Sales, Revenue, Price and Gross Margin (2011-2016) 5.9.4 Main Business/Business Overview 5.10 Cap-Ex Ventures 5.10.2 Magnet Product Type, Application and Specification 184.108.40.206 Type I 220.127.116.11 Type II 5.10.3 Cap-Ex Ventures Magnet Sales, Revenue, Price and Gross Margin (2011-2016) 5.10.4 Main Business/Business Overview 5.11 Sundance Resources 5.12 Sinosteel … Global QYResearch ( http://globalqyresearch.com/ ) is the one spot destination for all your research needs. Global QYResearch holds the repository of quality research reports from numerous publishers across the globe. Our inventory of research reports caters to various industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. With the complete information about the publishers and the industries they cater to for developing market research reports, we help our clients in making purchase decision by understanding their requirements and suggesting best possible collection matching their needs.
News Article | March 2, 2017
This report studies Magnet in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Magnet in these regions, from 2011 to 2021 (forecast), like Split by product type, with production, revenue, price, market share and growth rate of each type, can be divided into Primarily hematite Magnetite Others Split by application, this report focuses on consumption, market share and growth rate of Magnet in each application, can be divided into Iron and steel Medication Others Global Magnet Market Research Report 2016 1 Magnet Market Overview 1.1 Product Overview and Scope of Magnet 1.2 Magnet Segment by Type 1.2.1 Global Production Market Share of Magnet by Type in 2015 1.2.2 Primarily hematite 1.2.3 Magnetite 1.2.4 Others 1.3 Magnet Segment by Application 1.3.1 Magnet Consumption Market Share by Application in 2015 1.3.2 Iron and steel 1.3.3 Medication 1.3.4 Others 1.4 Magnet Market by Region 1.4.1 North America Status and Prospect (2011-2021) 1.4.2 Europe Status and Prospect (2011-2021) 1.4.3 China Status and Prospect (2011-2021) 1.4.4 Japan Status and Prospect (2011-2021) 1.4.5 Southeast Asia Status and Prospect (2011-2021) 1.4.6 India Status and Prospect (2011-2021) 1.5 Global Market Size (Value) of Magnet (2011-2021) 7 Global Magnet Manufacturers Profiles/Analysis 7.1 Atlas Iron Limited 7.1.1 Company Basic Information, Manufacturing Base and Its Competitors 7.1.2 Magnet Product Type, Application and Specification 18.104.22.168 Type I 22.214.171.124 Type II 7.1.3 Atlas Iron Limited Magnet Capacity, Production, Revenue, Price and Gross Margin (2015 and 2016) 7.1.4 Main Business/Business Overview 7.2 Fortescue Metals Group Ltd 7.2.1 Company Basic Information, Manufacturing Base and Its Competitors 7.2.2 Magnet Product Type, Application and Specification 126.96.36.199 Type I 188.8.131.52 Type II 7.2.3 Fortescue Metals Group Ltd Magnet Capacity, Production, Revenue, Price and Gross Margin (2015 and 2016) 7.2.4 Main Business/Business Overview 7.3 BHP Billiton 7.3.1 Company Basic Information, Manufacturing Base and Its Competitors 7.3.2 Magnet Product Type, Application and Specification 184.108.40.206 Type I 220.127.116.11 Type II 7.3.3 BHP Billiton Magnet Capacity, Production, Revenue, Price and Gross Margin (2015 and 2016) 7.3.4 Main Business/Business Overview 7.4 Rio Tinto 7.4.1 Company Basic Information, Manufacturing Base and Its Competitors 7.4.2 Magnet Product Type, Application and Specification 18.104.22.168 Type I 22.214.171.124 Type II 7.4.3 Rio Tinto Magnet Capacity, Production, Revenue, Price and Gross Margin (2015 and 2016) 7.4.4 Main Business/Business Overview 7.5 Vale 7.5.1 Company Basic Information, Manufacturing Base and Its Competitors 7.5.2 Magnet Product Type, Application and Specification 126.96.36.199 Type I 188.8.131.52 Type II 7.5.3 Vale Magnet Capacity, Production, Revenue, Price and Gross Margin (2015 and 2016) 7.5.4 Main Business/Business Overview 7.6 Cliffs Natural Resources 7.6.1 Company Basic Information, Manufacturing Base and Its Competitors 7.6.2 Magnet Product Type, Application and Specification 184.108.40.206 Type I 220.127.116.11 Type II 7.6.3 Cliffs Natural Resources Magnet Capacity, Production, Revenue, Price and Gross Margin (2015 and 2016) 7.6.4 Main Business/Business Overview 7.7 Iron Ore Company 7.7.1 Company Basic Information, Manufacturing Base and Its Competitors 7.7.2 Magnet Product Type, Application and Specification 18.104.22.168 Type I 22.214.171.124 Type II 7.7.3 Iron Ore Company Magnet Capacity, Production, Revenue, Price and Gross Margin (2015 and 2016) 7.7.4 Main Business/Business Overview 7.8 Labrador Iron Mines 7.8.1 Company Basic Information, Manufacturing Base and Its Competitors 7.8.2 Magnet Product Type, Application and Specification 126.96.36.199 Type I 188.8.131.52 Type II 7.8.3 Labrador Iron Mines Magnet Capacity, Production, Revenue, Price and Gross Margin (2015 and 2016) 7.8.4 Main Business/Business Overview 7.9 Champion Minerals 7.9.1 Company Basic Information, Manufacturing Base and Its Competitors 7.9.2 Magnet Product Type, Application and Specification 184.108.40.206 Type I 220.127.116.11 Type II 7.9.3 Champion Minerals Magnet Capacity, Production, Revenue, Price and Gross Margin (2015 and 2016) 7.9.4 Main Business/Business Overview 7.10 Cap-Ex Ventures 7.10.1 Company Basic Information, Manufacturing Base and Its Competitors 7.10.2 Magnet Product Type, Application and Specification 18.104.22.168 Type I 22.214.171.124 Type II 7.10.3 Cap-Ex Ventures Magnet Capacity, Production, Revenue, Price and Gross Margin (2015 and 2016) 7.10.4 Main Business/Business Overview 7.11 Sundance Resources 7.12 Sinosteel For more information, please visit https://www.wiseguyreports.com/sample-request/540627-global-rare-earth-magnet-industry-2016-market-research-report
News Article | January 31, 2016
Category 2 cyclone Stan made landfall some 120 km (75 miles) north east of the world’s largest iron ore export hub, Port Hedland, in the early hours of Sunday morning, the Australian Bureau of Meteorology said. The cyclone is just one of the severe weather events Australia experienced during the weekend, with several weather fronts hitting the nation. One man was killed after being swept away by floodwaters overnight in southern Queensland, state police said on Sunday. In New South Wales a mini-tornado destroyed several homes while roads were flooded and power cut in several regions. In Tasmania, some 80 wild fires have been burning mostly in the west of the island state since lightening struck on January 13, destroying more than 72,000 hectares of bushland, including 1,000-year-old trees in World Heritage listed forests. In Tasmania’s east, communities were warned to brace for further flooding on Sunday as heavy rainfall was forecast. While inland communities in Western Australia's Pilbara remained on red alert as Cyclone Stan tracked southeast and weakened on Sunday, port authorities in Dampier and Port Hedland, through which almost half the world’s seaborne iron ore is shipped, were readying to reopen following their closure on Friday, a ports spokeswoman told Reuters. More than 37.5 million tonnes of iron ore was shipped from Port Hedland in December, latest figures show, with the bulk of it heading for steel mills in China. BHP Billiton Ltd., which evacuated workers from its port operations, said in a statement that any impact to production or sales will be reported in its next operational review. Smaller miner Fortescue Metals Group, said in a statement during the shutdown on Saturday that there was no change to the company’s shipping guidance, which takes the weather impact of cyclones into account, this financial year. Cyclone Stan is the first of the season which usually runs for six months from Nov. 1.
News Article | January 30, 2016
PERTH A tropical cyclone gathered strength as it headed for the northwest coast of Western Australia on Saturday, forcing ports to close and mining companies to evacuate. Cyclone Stan, the first of a season which runs from November to April, was estimated to be 195 km (120 miles) north of Port Hedland and moving southeast, the Australian Bureau of Meteorology said. It is forecast to intensify and cross the coast northeast of Port Hedland, the world’s largest iron ore export hub, late on Saturday. “Very destructive winds with gusts to 170 km/h are possible near the cyclone center as it makes landfall later on Saturday or early Sunday,” the weather bureau said. It has issued communities in Port Hedland and Dampier and surrounding coastal and inland areas with a yellow alert, meaning they need to move to shelter. The bureau also warned of a potential dangerous storm tide with “damaging waves and dangerous flooding”. The ports of Dampier and Port Hedland, through which gas from the northwest shelf and almost half of the world’s seaborne iron ore are shipped, were closed, authorities said. A BHP Billiton spokesman said the company was closely monitoring the cyclone. “All tie-down activities have been completed and staff have been evacuated with a minimal number remaining for security and observation purposes,” the company said in a statement. The Port Hedland facility also ships cargo for Fortescue Metals Group, while Rio Tinto ships iron ore through Dampier.
News Article | December 28, 2016
Mining companies are rolling out autonomous trucks, drills, and trains, which will boost efficiency but also reduce the need for human employees. Each of these trucks is the size of a small two-story house. None has a driver or anyone else on board. Mining company Rio Tinto has 73 of these titans hauling iron ore 24 hours a day at four mines in Australia’s Mars-red northwest corner. At this one, known as West Angelas, the vehicles work alongside robotic rock drilling rigs. The company is also upgrading the locomotives that haul ore hundreds of miles to port—the upgrades will allow the trains to drive themselves, and be loaded and unloaded automatically. Rio Tinto intends its automated operations in Australia to preview a more efficient future for all of its mines—one that will also reduce the need for human miners. The rising capabilities and falling costs of robotics technology are allowing mining and oil companies to reimagine the dirty, dangerous business of getting resources out of the ground. BHP Billiton, the world’s largest mining company, is also deploying driverless trucks and drills on iron ore mines in Australia. Suncor, Canada’s largest oil company, has begun testing driverless trucks on oil sands fields in Alberta. “In the last couple of years we can just do so much more in terms of the sophistication of automation,” says Herman Herman, director of the National Robotics Engineering Center at Carnegie Mellon University, in Pittsburgh. The center helped Caterpillar develop its autonomous haul truck. Mining company Fortescue Metals Group is putting them to work in its own iron ore mines. Herman says the technology can be deployed sooner for mining than other applications, such as transportation on public roads. “It’s easier to deploy because these environments are already highly regulated,” he says. Rio Tinto uses driverless trucks provided by Japan’s Komatsu. They find their way around using precision GPS and look out for obstacles using radar and laser sensors. Rob Atkinson, who leads productivity efforts at Rio Tinto, says the fleet and other automation projects are already paying off. The company’s driverless trucks have proven to be roughly 15 percent cheaper to run than vehicles with humans behind the wheel, says Atkinson—a significant saving since haulage is by far a mine’s largest operational cost. “We’re going to continue as aggressively as possible down this path,” he says. Trucks that drive themselves can spend more time working because software doesn’t need to stop for shift changes or bathroom breaks. They are also more predictable in how they do things like pull up for loading. “All those places where you could lose a few seconds or minutes by not being consistent add up,” says Atkinson. They also improve safety, he says. The driverless locomotives, due to be tested extensively next year and fully deployed by 2018, are expected to bring similar benefits. Atkinson also anticipates savings on train maintenance, because software can be more predictable and gentle than any human in how it uses brakes and other controls. Diggers and bulldozers could be next to be automated. Herman at CMU expects all large mining companies to widen their use of automation in the coming years as robotics continues to improve. The recent, sizeable investments by auto and tech companies in driverless cars will help accelerate improvements in the price and performance of the sensors, software, and other technologies needed. Herman says many mining companies are well placed to expand automation rapidly, because they have already invested in centralized control systems that use software to coördinate and monitor their equipment. Rio Tinto, for example, gave the job of overseeing its autonomous trucks to staff at the company’s control center in Perth, 750 miles to the south. The center already plans train movements and in the future will shift from sending orders to people to directing driverless locomotives. Atkinson of Rio Tinto acknowledges that just like earlier technologies that boosted efficiency, those changes will tend to reduce staffing levels, even if some new jobs are created servicing and managing autonomous machines. “It’s something that we’ve got to carefully manage, but it’s a reality of modern day life,” he says. “We will remain a very significant employer.”
News Article | December 22, 2016
This is a question puzzling conservation managers and the answer will be important to how they manage the small populations of the endangered parrot that have been discovered in heart of outback Queensland, near Longreach. Night parrots were thought to be extinct for much of the last century, but small populations have since been discovered on Bush Heritage Australia's Pullen Pullen Reserve and in Diamantina National Park: a thrilling discovery for scientists and conservation managers. This is desert country, dry and very hot for much of the year. The landscape is a mix of baked earth, prickly spinifex clumps and hardy succulents. Like many arid zone animals, Night Parrots have evolved to be nocturnal. They feed and move about in the cool and darkness of the night. During the day they stay hidden in a clump of spinifex, never venturing out. Bush Heritage manages the 56,000ha Pullen Pullen Reserve, where the population has been estimated at around 50-100 birds. They have been working to reduce threats to the parrots – in particular feral predators and fire. But conservation managers also want to know when the bird needs a drink. "We have been working to reduce threats to the parrots – in particular feral predators and fire", says Rob Murphy, Executive Manager North, Bush Heritage. "But to aid the bird's future conservation, we also want to know when the bird needs to drink." This may seem like a silly question, but actually in a landscape with little free water, many species have evolved to get their water needs from their food. We know from previous GPS tracking research that the parrots do go to waterholes to drink sometimes, but there is a chance that they may only do so at particular times. The Night Parrot Recovery Team are interested in this question because it has a host of other implications for management, such as how to prevent the birds being picked off by feral cats at water holes. Feral cats are known to live at water points, where they benefit from the extra plant cover and continual supply of birds that come in to drink. To further their understanding the Recovery Team have turned to researchers from the Threatened Species Recovery Hub of the Australian Government's National Environmental Science Programme, who tackled the question with an innovative method. "We developed a computer based model that looked at the heat flow between the birds and their habitat, and how much water they would need to evaporate to keep cool", explains Dr Michael Kearney from the University of Melbourne "Because little is known about their physical characteristics and we did not want to stress the birds by catching them for measurement, we instead used information about another, very well known, Australian desert parrot, the Budgerigar. In essence, we modelled it as a fat budgie." "We also used measurements of precious museum specimens of the Night Parrot, thermal photographs of an actual bird, and measurements of habitat temperatures and possible food plants at the site." "We found that, if the night parrots only eat dry seeds, then they would certainly need go to water on most nights in summer". If they supplement their diet with succulent vegetation that grows at the site, they could really cut down their need for standing water, but during really hot periods over summer they would still need access to standing water to avoid dangerous levels of dehydration." "Our findings show that water resources such as farm dams and natural soaks in night parrot habitat must be carefully managed. During hot weather, and especially when food is scarce, night parrots will rely heavily on these sites and could be very vulnerable to predation at these times." "This research also helps us pinpoint future research areas to improve the management of night parrots – in particular, do they actually feed on succulent plants and do they change their roost sites in summer to places that are more sheltered from the midday heat such as burrows or caves." "Managing the impacts of feral cats on Night Parrots and other wildlife is very challenging. Land managers need all the help they can get to increase the effectiveness of techniques", says Dr Stephen Murphy, an ecologist who is receiving funding from Fortescue Metals for research on the Night Parrot and who is advising Bush Heritage on the management of the bird. "In this case, this research shows that the impacts of feral cats might be reduced by targeted management actions at particular times and places. Ultimately, it's insights like these that will give us the edge in the fight to save Night Parrots from extinction." Explore further: A 30-year cold case involving an egg and the mysterious Night Parrot
News Article | November 23, 2016
SYDNEY (Reuters) - Australia's environmental authorities on Wednesday cleared the way for the world's No. 4 iron ore miner Fortescue Metals Group to extend operations at a key mine site for another 35 years.
Ooi T.C.,Fortescue Metals |
Chemosphere | Year: 2011
The sintering of iron ore is presently a significant industrial source of polychlorinated dibenzo-p-dioxins and polychlorinated dibenzofurans (PCDD/Fs) worldwide owing to the fundamental requirement of the operation of a high temperature process to pre-treat fines and to recycle plant by-products arising from the integrated iron and steelworks. The process is a noteworthy contributor of PCDD/F indirectly due to decreasing PCDD/F releases from municipal solid waste incineration. Commonly PCDD/F formation from the process is associated with the addition of oily mill scales although raw material containing a combination of C, Cl and specific metal catalyst has been shown to drastically increase PCDD/F formation in the process. The degenerate graphitic structure of carbon present in coke fuel and soot formed and the chemistry of catalytic metals and Cl are important factors.A review on PCDD/F emission in this process has been carried out, including examination of its formation mechanism, congener distribution, contributing factors and mitigation strategies, with emphasis on the use of inhibiting compound to achieve suppression. A detailed analysis of the de novo and precursor theories of formation and the contributing factor is given since the subject of PCDD/F formation is still controversial. The de novo formation pathway identified in sinter plants and controlled studies performed in the laboratory as well as at pilot-scale are discussed; where appropriate, a comparison is drawn between sintering and other thermal processes emitting PCDD/Fs. Summary of the latest developments in PCDD/F downstream abatement strategies presently employed in full scale industrial plants is provided. Potential inhibiting compounds are discussed in terms of their mode of action and merits under sintering conditions. © 2011 Elsevier Ltd.
News Article | March 24, 2015
ZDNet has run an editorial webinar that looked at issues surrounding the disposal of devices when it comes to end of life. Employees who bring their own devices into the office for business use has helped companies cut hardware and service costs. However, in some cases, it has also resulted in an added burden upon the IT departments tasked with maintaining these devices. Journalist Krishan Sharma was joined by former Fortescue Metals CIO, Vito Forte and Data#3's national practise manager David Barclay to discuss BYOD issues in an editorial webinar. The panel looked at what happens with devices that are no longer being used; who should be responsible for disposal of the product; whether the IT department should recycle the product; and whether it is the department's responsibility to wipe the device. Krishan, David and Vito also discussed the issues to consider at the end of a buying cycle when looking at purchasing devices for the next buying cycle. Watch the video to learn about the pitfalls of disposing of BYOD devices that have come to its end of life.
News Article | May 19, 2014
Since Australia's fourth largest iron ore producer, Fortescue Metals Group, overhauled its business process management (BPM) strategy nearly a year ago at its Cloudbreak mining site, its operating expenses yielded nearly AU$30 million in savings. Speaking at the Gartner BPM Summit 2014 in Sydney today, Peter O'Dea, Fortescue Metals Group senior business improvement manager, said the company figuratively "spent nothing" working on developing a simple Short Interview Control (SIC) decision support that would help maximise the utilisation of its mining fleet, and provide real-time visibility and decision support. "We had a lot of data but it wasn't in a usable format that we could get to," he said. "What would happen is, we would load this data in the dreaded spreadsheet at the end of the day, and we'd give it to the supervisor to show how the day went, but too bad the supervisor couldn't do too much with that. "Where we want our supervisors is out in the pit looking after the 40 or 50 people and AU$300 million assets they have under their control. When we benchmarked all our fleet and normalised it for the density and distance internally and with other companies around the world, we could see we weren't using the data as well as we could, and that was the drive that got us going." At the Cloudbreak mining site, the company had a total of 100 trucks on-site, including 20 long haul trucks and 20 diggers that moved 200 million tonnes of earth a year. With the implementation of SIC, over a six month period, the company saw diggers efficiency increase by 11 percent, with each machine producing an additional 340 tonnes of ore per house. Meanwhile, the trucks were 30 percent more efficient, hauling an additional 90,000 tonnes per kilometre per truck per week. Fortescue Metals Group CIO, Vito Forte, said when a lot of the reporting happened through Excel, it created "FUD" and moved supervisors off-site to desks that resulted in "a lot of averaging of data, which didn't give good decision support". Forte continued to say that the company took an integrated team approach to make the rollout happen. "One of the key things for us was to make sure the director of operations was on board, because his sponsorship at this level was a critical component. It ended up bringing together the right players, and to find out what they needed, when they needed it, and for us to meet that," he said. According to Forte, the Cloudbreak mining site project is just phase one for what the company has planned. "We have two other mines to rollout to. This, at the moment, only covers the pit performance aspect. We hope the savings will translate two, or three, or four times amount over the coming 12 months," he said.