
Fortescue Acquires Red Hawk Mining
Fortescue Ltd (ASX: FMG) through its wholly owned subsidiary FMG Pilbara Pty Ltd, has acquired Red Hawk Mining Limited (ASX: RHK) following the completion of an off-market takeover bid.
As a result, Red Hawk is in the process of being fully integrated into the Fortescue group. The Blacksmith Iron Ore Project, located 30 kilometres west of Fortescue’s Solomon operations, will be incorporated into the Company’s Life of Mine plan.
Key Documents
Learn more about the acquisition, including bidder and target statements.
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The Blacksmith Project
The Blacksmith Project is located 30 kilometres west of our Solomon operations and has a mineral resource estimate of 243 million tonnes.