Fortescue makes room for Aboriginal mining

Iron-ore major Fortescue Metals on Monday inked a deal with privately held Australian Aboriginal Mining Corporation (AAMC), which could result in Australia’s first Aboriginal owned and operated iron-ore mine in the Pilbara. Under the terms of the agreement, Fortescue would provide AAMC with access to its Pilbara infrastructure, with AAMC able to deliver up to two-million tonnes a year from its Extension and Breakaway iron-ore projects to either Fortescue’s port or rail facilities over a five-year period.