Fortescue Metals Executives Resign After Project Review (1)

Fortescue Metals Group Ltd., the world’s no. 4 iron ore exporter, said three senior executives resigned following a review of its Iron Bridge growth project in Western Australia.

Chief Operating Officer Greg Lilleyman was the highest profile departure, leaving his post with immediate effect after four years with the company. Projects director Don Hyma and Iron Bridge director Manie McDonald also resigned.

“At Fortescue, our commitment to our values and culture is our highest priority,” Chief Executive Officer Elizabeth Gaines said in a media statement Tuesday. “What we’ve learned through our review of the Iron Bridge project to date, ...