The iron ore giant founded by billionaire climate crusader Andrew "Twiggy" Forrest isn't backing away from its plans to mine a mineral vital for green steelmaking, despite losing millions on the operation.
Fortescue metals and operations chief executive Dino Otranto on Thursday dismissed a suggestion the miner curtail its Iron Bridge magnetite mine in the Pilbara to stem three years of cash losses and free up capacity at Port Hedland for other iron ore shipments.
