IRON ore company Fortescue Metals Group Ltd has warned of possible delays and cost overruns at its flagship project, after cyclone George battered the Pilbara last week. The category four cyclone killed two people and injured 16, destroying a number of supposedly ‘cyclone proof’ structures at three of FMG’s sites. The company has appointed an independent panel of experts to review its procedures and processes, and a Coroner’s inquiry and Worksafe investigation will be held. A total of 731 FMG workers were evacuated from the three impacted sites. The company said the extent of damage to its Cloud Break mine and rail construction site, 260 kilometres south-east of Port Hedland, had yet to be fully assessed.
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